|
Columbia, SC Homes For Sale and Real Estate for sale! I can help. Call me at 803-608-4663 or e-mail jimoylan@sc.rr.com.
|
"We always felt our interests were protected."
"She is definitely the best and most professional Realtor we have worked with in our many moves."
Kathy Poole
Read Quote >
View All Quotes >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
|
 |
|
|
Please Sign Up For The
Latest Listings and the Latest Real Estate News
Accepting An Offer >Responding to Low Offers
The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.
Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.
The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.
|
|
| Q |
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
|
| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
