So you put your home on the market, set it with what you know to be a fair and reasonable price, and then along comes an outrageous low ball offer that knocks you off your feet. Stumped on what to do? Don’t immediately discount low ball offers without considering the following points.
Low and outrageously low offers happen in real estate. It’s a known fact among Realtors. Try not to get upset about it. There are two market conditions that may cause you to receive a low ball offer: A Buyer’s Market or a Seller’s Market.
Like the title suggests, the Buyer is King/Queen when market conditions lean heavily in favor of the Buyer as they do from time to time. Today, parts of Brunswick County are still experiencing a Buyer’s Market. That can in part be traced to the meltdown of our economy in 2008. Yes, nine years later we continue to feel the effects of that devastating downturn.
Here are a few tips if you are considering selling a home, condo, homesite or townhome in a Buyer’s Market:
Regardless of the type of market it is when you list your property, it’s important to keep your emotions in check when negotiating offers. Our Realtors will be by your side to assist you through all the steps involved in selling your real estate. Take our suggestions and recommendations seriously.
We know real estate well -- our agents live and breathe it every day. We want you to get as much for your property as you possibly can and have a fast and smooth transition. So know that when you don’t take our advice it could result in a property staying on the market much longer than you’d hoped.
The relationship you forge with a Carolina Plantations Realtor is important. You can count on us to work on your behalf 24/7. Give us a call today and let's discuss how to set your home price right, regardless of the market.