In order to increase your chances of having a low-ball offer accepted, buyers need to keep several things in mind.
My suggestion is to find a property that has been on the market for a while; 12 months or more is a good start.
The purchaser needs to have a good idea of the current market. Understanding the local market and recent industry trends is a must. Finding a Realtor who is versed in the subject is important, in my view. You can utilize this Blog as a source to get an idea and I encourage you to follow up with me for more detailed information.
Having the right representative negotiate the deal is also important. Being versed in the industry and having the necessary negotiating skills to consummate the deal is also key.
All of this leads to being able to deliver the message with facts to back up the offer. Someone with analytical skills to dissect the situation and deliver the offer with factual information will help to get a low-ball deal done.
The offer needs to be direct and concise without leaving much ambiguity. Making a clean and strong offer helps to "grease the wheels" to get this type of deal to the finish line.
The buyer also needs to have a final number in mind and know when to get to the final and best offer you are willing to make. This allows the agent to be able to negotiate in a fluid manner and not seem uncertain. As mentioned earlier, the offer needs to be clean and negotiations need to get directly to the bottom line.
The buyer must be pre-qualified and or have proof of cash funds. The buyer should not believe cash will ultimately win. Sellers are looking for the most they can get. If it means going with a pre-qualified buyer rather than a cash deal, then so be it. The point is, cash buyers should not be too overconfident.
If you are thinking of selling or buying a home, or require more information, please text me or call me at 561-247-3550. Please text or call to give me your name, telephone number and e-mail address for the ability to access home searches.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550
www.langrealty.com/agents/michael-friedman
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
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All of this leads to getting able to bear the bulletin with facts to aback up the offer.
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