Making An Offer in Central Florida

Did you know? A Really Low First Offer Can Backfire on You!

A slowing market with rising inventory sometimes encourages buyers to make low-ball offers to test the sellers' motivation. In some markets it's not that unusual, and sellers simply come back with a high counter offer to draw the buyer up to a reasonable price.

However, your buyers could pay up if they're not careful about this low offer approach. With first-time sellers who've cared for and loved their home for many years, a very low offer can offend them. An actual example was a low offer countered by the seller with $1000 MORE than the list price. The buyer wanted the home and paid it.

Update: In Central Florida most homes are not Real Estate Owned or in Foreclosure and the bank handles the process. It is now a great time to low ball because you can't really offend the bank. However, low ball offers can cause lengthy response times and you could end up waiting for more than 3 months to hear a response. The bottom line is if your serious about the home, you should be serious about your offer.

ItsYourSale.com can help you negotiate and make the correct offer when purchasing a home. Fill out the following form or call 407-951-5555 for more information on making an offer on a home.