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Accepting An Offer >Responding to Low Offers
The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.
Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.
The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.
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| Q |
What Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?
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| A |
With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US. |
See More Real Estate Trivia > |
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Brunner Burkhart Group Coldwell Banker Select Professionals 1000 N. Prince Street Lancaster, PA 17603 Office: 717.735.8404 Fax: 717.735.8279 Ashley Brunner Cell: 717.380.4212 Ron Burkhart Cell: 717.283.8356 Sharon Burkhart Cell: 717.283.8355 rashleybrunner@NUMBER1EXPERT.com
As established top producing agents, Ashley Brunner and Ron & Sharon Burkhart bring 16 years of real estate experience to the Brunner Burkhart Group. Each prides the Brunner Burkhart Group on continuing to work to help people achieve their vision as homeowners.    
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