A seller’s worst nightmare is not being able to sell his home. But also scoring very high on the would-be disaster list is getting a lowball offer from a buyer who is in serious need of a reality check. A lowball offer can lead to a successful sale if the seller plays their cards right. After all, you’re the one who ultimately decides whether to accept or reject the bids that come your way. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that first, you shouldn’t get insulted. Just because a buyer starts with a low offer doesn’t necessarily mean the person is trying to take advantage of you. There’s a natural tendency to get upset when you receive a lowball offer but that initial bid is just a starting point. There’s usually room for negotiation, so we never tell a client to reject an offer outright. Have your agent draw the buyer’s attention to some of your home’s great features. When a buyer comes in with a lowball offer, the buyer and seller might go back and forth for a while before both parties agree on a sale price adding that sellers need to remain patient throughout this process. Check out below to see what sold in Meadowbrook Glens in June 2016:
24717 Upland Hill, Novi: 4 bedrooms, 2 bathrooms, 1,734 sq. feet, 2 car garage, Sold Price: $210,000
Meadowbrook Glens Home Sold
June 2016
42551 Park Ridge Road, Novi: 3 bedrooms, 1.1 bathrooms, 1,639 sq. feet, 2 car garage, Sold Price: $248,900
Meadowbrook Glens Home Sold
June 2016
Some people feel so eager to sell their home that their counteroffer is actually too low. It’s OK to give up some ground, but you don’t need to meet the buyer halfway. For more information on Meadowbrook Glens, or similar Northville or Novi neighborhoods such as Simmons Orchard, Village Oaks and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.