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Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Q	What was the first territorial acquisition made by the U.S. Government?
A	The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%.
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Ellen Wilner, REALTORÂŽ, real estate agents and broker for Bethesda and Rockville Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Ellen Wilner and Associates
Coldwell Banker
7272 Wisconsin Ave
Bethesda, MD. 20818
Direct Office Number: 301-634-4184
Cell: 202-431-6365
Main Office: 301-718-0010
Fax: 301-941-2326
Email: Ellen@EllenWilner.com
Ellen Wilner ranks in the top 1% of Realtors nationwide. She has been the top producer in Coldwell Banker's highly productive Bethesda Downtown office for the past five years. Ellen is well known for her upbeat attitude and sense of humor, as well as her high level of service, experience and integrity. Ellen provides complimentary architectural consultations through her husband, an award winning area architect. Ellen serves Maryland, DC and Northern Virginia and is especially knowledgeable in the river communities from Potomac to Georgetown, including Glen Echo, Cabin John and the Palisades.

Sharon Lazar, REALTORÂŽ, real estate agents and broker for Bethesda and Rockville Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Sharon Lazar
Coldwell Banker
7272 Wisconsin Ave
Bethesda, MD. 20818
Direct Number: 301-455-9646
Office Number: 301-634-4183
Email: Sharon@EllenWilner.com

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