What Is A Counter Offer

Two hands pressing the palms together are on top of the table, and one hand is holding a folder while the other hand is holding a pen.

What is a counter offer? A seller can respond to a buyer’s offer with changes. A counter that improves the terms. You need to put yourself in their shoes and construct a modified offer that you think they might take that meets more of your needs. Then it’s their turn to accept, reject, or construct yet another counter.

Read Also: Buying A Property

It’s an efficient market process, but beware that clauses and costs matter. Your broker should be closely involved in constructing a counter. Successful bargaining is best done with a win-win approach where each side meets their biggest needs while compromising on others to reach an agreement.

Remember that outside conditions like interest rates and supply and demand will keep evolving, so you’ll need to be patient but decisive to craft a counteroffer that works for both sides.

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One of the reasons to call the Agardi Team if you want to buy a home or have one to sell is:

Not only do we sell our clients’ homes for more money and faster than the average area agent, but your home is also more likely to sell. According to 2015 MLS statistics, only 71% of area homes sold during their listing term. Compare that to our 95% of homes listed that sold before the end of the listing term. YOUR HOME SOLD GUARANTEED OR WE’LL BUY IT*

To discuss the sale of your home, call The Agardi Team at 718-755-2882 and start packing!

*Agardi Team and the seller have to agree on the price and the closing date.

Call Us @ 718-755-2882
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