ost people derive a lot buyer comes along who expresses
of pride in the ownership serious interest in the property.
of their home. This In fact, they tell you an offer
emotional aspect is put to the will be made. Your spirits rise
test when they got sell and and it is time to break out the
receive a really low offer for champagne. Then you receive a
the property. written offer for $365,000. So
much for the champagne.
Getting a Really Low Offer on
Your FSBO Home In such a scenario, the first
reaction of most sellers is to
When you buy and live in a consider the offer as an insult.
property, it becomes part of your What nerve this idiot buyer must
life. Inevitably, you will strive have! Who does he think he is!
to make the property better Normally, a few cusswords are
through improvements and many of also included. As you can tell,
your life experiences will occur this is an emotional reaction.
in it. When it comes time to Alas, the purchase or sale of a
sell, receiving a very low offer property is a BUSINESS
for this slice of your life can transaction, not an emotional
really set you off. event. Should you be insulted by
Unconsciously, many homeowners really low offers? NO! Divorce
interpret such low offers as a yourself from the emotion. Stick
valuation of their time and to the facts and try to enjoy the
experiences in the property. This nature of the process.
is a mistake.
If you are a FSBO seller, there
You list your property for are two reasons you may get a
$400,000, but don’t receive a really low offer. The first
sniff for a month. Eventually, a applies to all sellers, and is
simply the fact the potential way down on the price. The offer
buyer is trying to ascertain how price is purely a reflection of a
desperate you are to move the hope by the buyer that you are
property. The potential buyer ignorant to the value of your
doesn’t really think you will home. Of course, you are not!
sell for $365,000, but you might
come back with a counter offer If you get a miserably low offer
for $385,000 which is still a on your property, take a couple
great deal for the buyer. Simply of deep breathes and then smile.
put, the buyer is trying to Make a counter offer for the
identify your bottom line. exact asking price of your home
or just above it. When the
There is a second reason a FSBO potential buyer expresses shock,
seller will occasionally get a just show them their original
really lower offer. It is because offer. That will put a stop to
you are a FSBO seller! A the games and tell the buyer you
potential buyer may think you know what is what.
will panic or be a dolt and come
About the Author:
Raynor James is with http://www.fsboamerica.org - list your property for sale by owner for one month free.
Read more articles by:
Raynor James
Article Source: www.iSnare.com 
