Lake Norman Homes & Info Blog

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Reverse Offers . . . it's worth a try!

 

Reverse Offers . . . it’s worth a try!




Have you ever heard of a reverse offer?? Okay, let’s say that you have your house listed and it seems that you are having some second time showings or maybe third time showings. Maybe it’s time to ask your Realtor® about doing a reverse offer.


A reverse offer is when your Realtor® contacts the buyer’s agent(s) that have showed your property more than once to the same buyer's. Of course there must be some interest in the property because why would they want to see it more than once? Truth be known that there probably is one or several factors holding the potential buyer's back from making an offer.


Ask your Realtor® to look into a Reverse Offer.


To start a Reverse Offer your Realtor® will contact the buyer’s agent(s) to find out what is holding their buyer's back from making an offer. If for example they say the property needs new carpet in the master bedroom, the living room needs painted, and/or the buyer's need a fenced-in backyard….these are issues that can be worked out; if you are willing.


You can discuss, with your Realtor®, what you are willing to do to help alleviate the issues…thus creating an offer. Then your Realtor® will contact the buyer’s agent(s) and present the offer….well the Reverse Offer.


Keep in mind that if the buyer’s agent knows their client well and provides your Realtor® with useful information that sometimes these can work.


Hey what can I say….it never hurts to try!


Good Luck!     

About the author:

Teresa Harris is a Lake Norman Residential Real Estate Broker who can assist you with the purchase and/or sale of real estate in Lake Norman and surrounding counties. Please visit www.TeresaMHarris.com for your relocation and/or your local needs. The information in this post is believed to be accurate but is not guaranteed.

Teresa Harris - Holbrooks Real Estate, Inc. - 704-458-1807 - Teresa@TeresaMHarris.com

Copyright © 2009 By Teresa Harris, All Rights Reserved...*Reverse Offers . . . it's worth a try!*

Comment balloon 17 commentsTeresa Harris • March 11 2009 10:54AM
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