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Real Estate Tips

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.

	See All Tips In The "Accepting An Offer" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

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Real Estate Trivia

Q	What recent hit movie features a field trip scene that supposedly takes place at Columbia University in New York?
A	The scene in the movie "Spider-Man", where Peter Parker shoots photos of Mary Jane and is bitten by the spider, was actually filmed in the Museum of Natural History in Los Angeles, California.
See More Real Estate Trivia >

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Jane Slone Licensed Real Estate & Mortgage Broker Conway Realty Team , Conway Realty Corp P.O.Box 149385 Orlando, FL 32814 Phone: 407-380-0210 Fax: 407-542-4493 Email: ConwayRealty@NUMBER1EXPERT.com

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