“Low Offer”

  • Serious risk of alienating the seller
  • Difference between asking and selling price in area
  • Just start writing offer and wait for them ask you what you think....
  • Already adjusted - prices have already been changed to reflect new market realities
  • Comparables
  • Reverse the situation
  • Anger - “what do you want me to do when they yell at me?”
  • Give the listing agent comparables
  • Working with other agents:
    • Be friendly and cooperative
    • Constantly state your common goal
    • Tell listing agent you need quick response
    • Write down your negotiating points
    • Respond quickly to counters
    • Condition issues and bids