If you've put in an offer on real estate in Orlando, FL and that offer is rejected, it can be unsettling. This is particularly true if you are a first-time home buyer. It's easy to take the rejection personally. This is a time where buyers and sellers both are susceptible to making big mistakes in negotiating and where the steady hand of a real estate professional can help.
If your offer has been rejected outright and no counter proposal has been made, your buyer's agent should be able to communicate with the seller's agent to determine the reason. Sure, it may simply be the original offer was too low, but now is the time to find out exactly why the offer was rejected. You can then determine if you are, or are not, willing to resubmit your bid based on the information your agent has received.
If your offer has been met with a counter offer, that should be viewed as a hopeful sign. They are saying, in essence, “Let's get together on something we both can mutually agree on.” Are you ready for a surprise? Price may not be the only negotiating factor. There may be furniture or appliances that may be included. Timing may be an issue for them. Can you be more flexible in a closing date? Some sellers may not want to pay closing costs.
Can you absorb those to facilitate the deal? Your ability to get financing may also be a concern for them. The point is, we too often get focused on price when there are so many other areas of negotiation that can bridge gaps between offers and acceptance. I can help you find those areas of negotiation.
I don't want to see you miss out on an Orlando, FL property you really love just because of the price. Let me help you discover the variety of negotiation tactics that can help you get that home you really want while satisfying both you and the seller. Contact me and let's discuss your Central Florida real estate goals.
If you have a topic you want me to address in a future blog or if you've gotten any value from my blogs please let me know! I'd love to hear from you. Thanks for reading!
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