If you’re selling your home, you will probably be thrilled when an offer to buy it is made. But your next thought may very well be, “Now what? Should I sell my house for that price? Should I accept? Should I make a counter offer?"
The following tips can help you negotiate an offer on your house, giving you the best chance of making a sale that nets you the most money possible as part of a smooth, drama-free transaction:
You are understandably attached to your home. Whether you have lived in it for a relatively short amount of time or raised your children there, you have strong emotions about it. Making the decision to sell your house was probably a very personal one, and you have probably wondered more than once, "Am I sure I want to sell my house?"
When negotiating its sale, you will need to leave your emotions out of it. Do not take any comments about your home personally, and realize that selling your home is ultimately a business transaction.
Your uncle in a different part of the country may have received offers on his home that resulted in a bidding war, but that may not apply to your home.
Your real estate agent can help you understand your local real estate market. They can research the recent selling price for similar homes in your area and make suggestions regarding your listing price.
Consider allowing your real estate agent to handle all sales negotiations. That is part of their professional expertise.
If you try to negotiate directly, your emotions can get in the way, and you may not take everything into account. Selling a home is an important transaction with important financial and legal ramifications, so negotiations are best left to your REALTOR®. They have experience in helping parties come together and can give you advice on whether to accept an offer, make a counteroffer, or reject it entirely.
Contact RE/MAX DFW Associates to list your Dallas / Ft. Worth home and to negotiate the best possible purchase price.
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