Offers (What to Expect)
What can you expect when an offer comes in. The most important thing I can tell you is to expect just about anything in terms of an offer. Buyers are made up of many breeds and depending on the reason for an offer, a bargain seeker or just someone buying a home for the family can determine what type of offer you will receive. You may feel personally insulted or even down right mad with a low ball offer but it comes with selling a home.
An insulting offer is not necessarily a reflection on how you have maintained your home but rather the type of person who is making the offer. In short, it is an unfavorable reflection on them rather than you, especially if your home is priced fairly and shows well.
Unless you are in a really hot market, what you can expect the majority of the time is an offer to come in below asking price and asking you to contribute an average of $3,000 to $6,000 in paying the buyers’ closing costs. Unless your home is receiving multiple offers or obviously a well priced home when it hits the market, just about all offers will come in this way.
The good news is that most buyers may be expecting a counter offer and will not be surprised when you counter back with your bottom line. If you are fair with your counter offer, most buyers will accept your counter offer and everyone is happy.