When you list your home for sale, you believe you’ve priced it right, staged it beautifully, and timed the market correctly for a quick sale. But that doesn’t mean buyers will pay full price.
First-time homebuyers deferred home-buying seven years longer than other generations and are challenged by high home prices, large down payment requirements as well as unprecedented college debt. Due to the last recession, housing stock is older and few new homes are available.
So even though your housing market may be healthy with homes selling quickly, expect to negotiate. Negotiating doesn’t mean you win and the buyers loses, or you lose and the buyer wins. It’s a way for both of you to win. The Caton Team always says – buying and selling a home is a meeting of the minds – not a force of hand.
Don’t take a low offer personally. The buyer may be using the low price to tell you something, like your hime is tired or overpriced for the neighborhood. Or perhaps it is ALL THEIR MONEY! Your job is to find out what that something is. Have your Realtor ask their reasoning for offering such a low price. You’ll be surprised!
Meanwhile, ask your Realtor for an updated comparable market analysis. Markets change quickly and learning new information may convince you to reconsider your position. Be flexible on the points that count most with the buyer like closing costs. Throw in the washer and dryer, and the buyer could be more flexible when it comes to repairs and other concerns.
You want to keep the dialogue open and a possible deal alive. Remember, the buyer chose YOUR home, and it could be your best opportunity to sell.
GOT QUESTIONS? The Cat Team is here to help. We are a call or click away.
The Caton Team is comprised of Susan and Sabrina Caton – a mother/daughter in law team. We are full time, local Realtors with over 25 years of combined Real Estate experience. How can The Caton Team help you?
Remember to follow our Blog for the local real estate beat, a pulse on the San Francisco Peninsula at: https://therealestatebeat.wordpress.com
Got Questions? – The Caton Team is here to help.
Email Sabrina & Susan at: Info@TheCatonTeam.com
Call us at: 650-568-5522 Office: 650-365-9200
Want Real Estate Info on the Go? Download our FREE Real Estate App: http://thecatonteam.com/mobileapp
Visit our Website at: http://thecatonteam.com/
Visit our INSTAGRAM page: http://instagram.com/thecatonteam
Visit us on FACEBOOK: http://www.facebook.com/pages/Sabrina-Susan-The-Caton-Team-Realtors/294970377834
Connect with us professionally at LinkedIn: https://www.linkedin.com/in/sabrinawendtcaton
Please enjoy my personal journey through homeownership at:
Thanks for reading – Sabrina
The Caton Team – Susan & Sabrina – A Family of Realtors
Effective. Efficient. Responsive. What Can The Caton Team Do For You?
Berkshire Hathaway HomeServices – Drysdale Properties
Sabrina BRE# 01413526 / Susan BRE #01238225 / Team BRE# 70000218/ Office BRE #01499008
The Caton Team does not receive compensation for any posts and the information is deemed reliable but not guaranteed.