Sometimes real estate transactions fall through. It’s not what we want, but it happens. That said, if you see your real estate deal starting to slip away, there are a few things that you can do to reelit back in.
Why Real Estate Deals Need to be Saved
Sometimes the buyers will make you an offer that’s not quite right. Maybe they don’t want to give you enough money, or perhaps they want too many changes to the property that you just can’t afford.
Those deals are still negotiable. The offer and counter-offer process is an essential part of many real estate transactions to ensure that everyone walks away feeling like they’ve won.
Saving a Deal: Pointers
When your real estate deal needs to be saved, you can rely on your Realtor®, who is a master of negotiating. That’s part of a Realtor’s job (and, in case you hadn’t noticed, it’s a great reason to work with a highly experienced agent).
Sometimes you have to give a little. You may not want to pull out the tile in the bathroom or re-carpet the floors, but look at the big picture. In 10, 20 or 30 years, are you going to care that you had to do a little work to help the deal go through? What are the consequences if you don’t negotiate? Will you end up staying in your home longer than you wanted to, and is that realistic for you to do?
You don’t have to accept the first offer that comes along, even if you’re in a rush to sell. All offers are negotiable, and as long as you’re working with qualified buyers who are truly interested in your home, you can work something out with your Realtor’s help.
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