Can an offer be too low?

Century 21 Port Douglas Real Estate

As a purchaser, you might feel a property is worth less than the asking price, based on your knowledge of past sales, available properties, condition, location, sitting, design, etc.

But how do you know what the seller will accept unless you make an offer?

Remember, a real estate transaction is ┬ábasically a business deal – you make an offer, then if it is rejected, at least it’s a starting point for both parties to negotiate.

Let the real estate agent do the negotiating – that is the job of a good agent, but without an offer you are not making the real estate agent work very hard.

With the current buyer’s market we have had some ridiculously low offers on properties, however what the buyer and agent will never know is the seller’s bottom line – that is until they are presented with an offer.



About Port Douglas

Port Douglas real estate - Real estate in Port Douglas is now sought after the world over. Our passion for where we live stems from Port Douglas being the only place in the world where two natural, world heritage listed sites (the Great Barrier Reef & Daintree Rainforest) exist side by side. If you would like buy or live in your own piece of paradise, please browse our real estate listings The views expressed in the Port Douglas blogs are not those of Century 21 Port Douglas Real Estate nor the Century 21 franchise.
This entry was posted in Port Douglas, Property Investor, Property Values, Propety Prices, Queensland, Real Estate, REIA, Selling and Moving, Tips For Vendors. Bookmark the permalink.

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