Not countering an offer?

Dated: 12/03/2018

Views: 12

Not Countering an Offer?

While everyone would love to get the most for their home, as the seller, you also need to keep a realistic balance. It is too easy to get hung up on the starting number in an offer when the focus should be on what the end result is.


"The opening offer is simply that –a starting point."


It gets a conversation going and results in hopefully a happy medium that is amenable to the buyer and seller. Not countering an offer is like having a one way conversation. It won’t work. How can you move to sold if you can’t have a dialogue of back and forth? It doesn’t mean that the buyers aren’t serious, they are simply being conservative in their first offer to get a feel for how the negotiation is going to go. It doesn’t mean that is the most they are willing to pay unless the offer was positioned that way.

Failure to counter sends a discouraging signal to the buyer that can create an uncomfortable situation, perceived or real. Buyers want to do business with sellers who are eager to do business with them. You don’t have to give away the store to do so, but certainly responding with a number in good faith is a step in the right direction.




Need help with getting you started with that conversation? Let's start our conversation (HERE)

Blog author image

Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

Latest Blog Posts

Don't be a victim of package theft!

Did you know that 3 in 10 Americans who live in houses or townhomes have been victims of package theft? And 53% of Americans know someone who has had a package stolen from outside their home.

Read More

How to Make Sense of the Short sale Vs. Foreclosure Process in Nevada

So, let’s look at How to Make Sense of the Short sale Vs. Foreclosure Process in NevadaTo understand how many listings you need, you must determine how much income you require to meet your

Read More

Guide to Buying an Older Home

For a lot of homebuyers, buying their dream home means choosing an older structure that has passed the test of time. These grand places have an undeniable charm about them, with classic styling that

Read More

Is a HOA right for your next home purchase?

Two distinctions that you should keep in mind as you’re doing your research to buy a Condo or Townhome: Ownership When you buy a condominium, you’re purchasing one living unit that

Read More