This strategy can work well for folks who are willing to take lower offers to simply be rid of a home. >CONS A serious negative to this approach is that once you accept and sign off on the low offer, your house is off the market . Let me put that in perspective. Let’s suppose Sally Sue, who checked out your home last week, calls with a much higher bidding price five minutes after you reluctantly signed off on a low offer. You are now legally bound to put Ms. Sue on hold until you see if your current accepted contract works out. You could make substantially less money, and there’s not a thing in the world that you can do about it. Another con to the standard approach is that you might feel pressured to take lowball offers from deal seekers out of fear that nothing better will come along. If the cons outweigh the pros in your situation, let me ease your mind. You don’t have to go through those negatives, because there are many negotiating approaches you can take. NEGOTIATION TECHNIQUE #2:
108
Powered by FlippingBook