![]() ![]() ![]() ![]() After all, having a willing and able buyer under contract is worth far more than having a home sitting on the market waiting for the perfect offer to come along. If you can live with most of the items in the offer, it’s probably better to take it. Its a 4,800 square foot 4BR 3.5BA on 2 acres of waterfront. Raymond is a real estate salesperson in Sheboygan who just got the listing of a lifetime. The best advice is, listen to your Realtor® and tread lightly. Counter-Proposals in Wisconsin Real Estate. With the multiple counter offer process, the seller decides after one or more of the buyers accepts (or if they counter back and forth, or if one buyer improves his or her offer). If the offer is unacceptable and you need to counter, what type of counter offer will best hit the buyer’s buttons?Ī counter offer that raises the price, or one that keeps the price lower but reduces the closing costs paid by the seller? The net dollar price of the two counteroffers may be the same, but the buyer may find one deal more palatable than the other. What is a multiple counter offer in real estate If they like two or more offers and want to counter them, they have an option to issue a Multiple Counter Offer. In this scenario, you can probably afford to push for your perfect deal.Ī second factor your real estate agent will investigate is the buyer’s motivation. Making a counter offer - even one that seems reasonable - may drive the buyer towards the second home on his list, and you may end up with no deal.Ĭonversely, in a seller’s market with a shortage of suitable homes for sale, the buyer may be prepared to hang in through two or three rounds of counter-offers to secure their dream home. However, if you are selling your home in a buyer’s market, the buyer may have his pick of suitable homes in your area. If the offer is clearly unreasonable, your real estate agent invariably will advise you to submit a counteroffer. Obviously, if you have a price expectation, your real estate agent will do her best to meet that expectation. See also Will New Carpet Increase the Appraisal? Find out Now! ![]()
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