If you get a low offer, what do you do? Negotiate! It could be a low offer to get negotiations started…or it might be that the buyer can’t afford your home. What do you do in each scenario? Learn how to handle a low offer in this video, “If You Receive a Low Offer, Maybe the Buyer’s Not Qualified”:
What Do You Do When You Get a Low Offer?
If you get a low offer on your home, you have the option to negotiate! There are some things to be cautious of when you receive a low offer, and one of them is to make sure that the buyer can afford your home, or in other words, to make sure that the buyer is qualified to carry a mortgage for your home.
Sometimes a buyer can only afford the amount that they offer, even if it’s a low offer for your home price. Get your real estate agent to ask the buyer’s agent how their buyers arrived at that figure. Was it because they compared home values in your area to your home, or is the offer the highest amount the buyer can afford?
If the buyer can’t actually afford your home, then don’t waste any time! Move on to the next buyer and wait for those who can afford to put in an offer on your home. Have more questions about this situation? Ask your real estate agent! Make sure your realtor has the knowledge and expertise to help you in situations like this.
More Common Questions About Selling a Home
I know you probably have a lot more questions about selling a home and you’re in luck! I have more common questions about selling a home that you can find answers to HERE.
These common questions can include things like can I buy and sell a home at the same time, when is the best time to sell my home, or even at what list price you need to sell your home.
Want more information? Download my Sellers Guide here:
I’m here to help. If you don’t see the answer to one of your home selling questions, reach out to me today! I have plenty of resources and expert tips to help you through the process of selling your home.
Have More Questions About Selling Your Home?
Do you have more questions about selling your home? You should, there is a lot to do in order to get your home sold. If you’re in the Greater Birmingham, Alabama area, and you have more questions about putting your home on the market, reach out to me today! Let me help you through the process of selling your home. Having an experienced real estate agent by your side can make all of the difference when you’re selling your home! Your agent should be able to help you with the situation in this article and any situation that you encounter as a home seller.
💲Want to know what your home is worth? Find out Your Home Value
If you’re new to the Birmingham area and have any questions, please feel free to reach out to Dianna Howell with The Howell Group: 205-568-5435 or dianna.howell@kw.com for information on Pelham, Alabama real estate by Dianna Howell, top listing agent in the Birmingham, Alabama area. Visit our website for more information on the Birmingham area: https://diannahowellrealtor.com/category/lifestyle/
🔑🏡 Want to learn more about the selling process? Then read this article for 6️⃣ easy tips: https://diannahowellrealtor.com/selling/6-steps-to-selling-a-home/
📕 Read more about the Birmingham area in this post: https://diannahowellrealtor.com/buying/relocating-to-birmingham-al/
Sincerely,
Dianna Howell
The Howell Group of Keller Williams in the Birmingham Alabama area
Top Birmingham Real Estate Agent
