Home Seller Tips: Responding to Offers

Most home sellers enter the process with an expectation of competition among buyers, a higher than list price offer, and a smooth closing. 

But not every offer will be full price or even close.    

Still, it is an offer.

Sellers need to understand two inter-related things on day one: 

1. the quality of an acceptable offer (price, terms), and,
2. the minimum they will accept (walk away proceeds). 

Once the minimum acceptable terms are known sellers can respond to offers in one of three ways:   

1. Accept. 
2. Reject totally with no counteroffer. 
3. Reject with a counteroffer presented. 

Here are additional articles on buying and selling a home in Florida:

• Offer, Counter-Offer, Negotiate, Close - Steps to Buying Your Florida Home.
• How Does a Seller Respond to an Offer in Week One?
• Does it Matter if Buyer's Offer is Cash or if Getting a Mortgage?
• Sellers Always Negotiate.
• Association Fees Have Little to Do with Your Offer Price.
• Why would a Seller Make Repairs on an "As Is" Offer?
• Keys to a Successful Closing.
• Cheat Sheet For Home Sellers.

Please call or text me at 321-693-3850 if you are considering buying or selling a home in Melbourne, Florida.