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Making An Offer >Low Offers
You have found the perfect house with everything you wanted--and then some--but the price is more than you want to pay. You decide to go for it anyway, and ask the agent to submit what real estate agents call a "low ball" offer.
Low ball offers sometimes work. If the market is fluctuating and the sellers are anxious, they may just accept it. They may be willing to negotiate if they have listed the house at a higher price than is reasonable. Most sellers are open to offers, but they won't give their house away, especially if the asking price is in line with recent sales of similar homes.
What do you have to lose by making a low offer? If the seller yells and screams, the agent will be the focus of his wrath -- and we don't take it personally. If you really want the house, however, a very low initial offer may irritate the seller to the point that he won't consider a better offer, if you decide to submit one. Design your strategy on the basis of how badly you want the house.
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| Q |
What 1982 thriller featured a house that was supposedly haunted because it had been built on the site of an ancient burial ground?
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| A |
Steven Spielberg's "Poltergeist"was filmed in an actual home on Roxbury Street in a normal residential suburb in California's Simi Valley. |
 See More Real Estate Trivia > |
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The Marge Smith Team
Century 21 Sunbelt Realty 1, Inc
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margesmith@NUMBER1EXPERT.com
I started out with a career as a Teacher but switched to Real Estate. I have been with Century 21 since the beginning and am proud to that I have been inducted into the International Hall of Fame. I have built Reputation for Results and a Tradition for Trust!!!
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