The Counter Offer

Photo by Cytonn Photography on Unsplash.

If you’ve ever bought or sold a home, you know that the process isn’t necessarily an easy one. In a lot of ways, the job of a good agent is to make sure things go as smoothly as possible, but that doesn’t mean there won’t be some bumps along the way. In real estate, the counter offer is used to get more out of the transaction. It’s a common practice, but is it worth the risk of losing the deal in this high-stakes market we are in right now? Continue reading to find out what the experts, your agent, has to say. Also, if you are looking to buy or sell a home in Colorado, consider Mark Eibner as your agent.

What Your Agent Will Tell You

If you get an offer on your home, your agent will sit down with you and go over what components would make your counter offer is as strong as it can be. This range from negotiating price to closing date. Many buyers will be willing to spend more if they are offered a rent-back, giving them more time to move and/or renovate the space. However, sometimes the counter offer is more about making things more acceptable. This is often a response to lower offers.

Remember, your real estate agent is the best source for advice when it comes to selling your home. Not only can they help you with staging your home and conducting open houses, they can help you weigh the pros and cons of individual offers, writing a counter offer, and selecting the best offer for your home. It is true that the Colorado market is a bit hectic right now, due to lower inventory and how desirable real estate is in the state. Depending on the transaction a counter offer may or may not be the best decision for you, so talk to your agent.

Published by adminzealot

I have been working Real Estate as a "full time" licensed Colorado Real Estate Broker since 1985. I have been incorporated and a managing/supervising broker since 1993. Yes, everyone starts somewhere and believe me, I have made mistakes as well as had tremendous success in this industry. Let's just say that I'm past my residency period and I can provide you with the expert advice and professional care that you expect and deserve.

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