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About Marilyn Denney Johnston - Information about Marilyn Denney Johnston of Franklin, Brentwood and Metro Nashville, Tennessee Testimonials - Read what The Marilyn Group's clients are saying about the real estate marketing and services provided. Quick Response Guarantee - A quick response to your email request for more Tennessee home buying & property selling information is guaranteed by Marilyn Denney Johnston. Privacy Guarantee - This Franklin, Brentwood and Metro Nashville real estate web site will respect your privacy, guaranteed by Marilyn Denney Johnston. No Obligation Guarantee - The Marilyn Group's real estate help by email is free & without obligation for Franklin, Brentwood and Metro Nashville home owners in Tennessee. For Real Estate Agents - Let Marilyn Denney Johnston help you with your professional real estate broker and agent needs in the Franklin, Brentwood and Metro Nashville area. About NUMBER1EXPERTS™ - NUMBER1EXPERTS™ are top real estate professionals, find out more. Contact Information - How to contact Marilyn Denney Johnston. Go to Main Sitemap - Main sitemap sections include Find Franklin, Brentwood and Metro Nashville Homes, For Home Buyers, For Home Sellers, Franklin, Brentwood and Metro Nashville Information, Real Estate Resources, and About Marilyn Denney Johnston. |  | | | | |
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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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