Etta Carter - SMART AND EFFECTIVE STRATEGIES TO SELLING YOUR HOME

more appealing time-wise. If you were under a time constraint, the second buyer solved your problem.

DO GET THE LAST CONCESSION

Remaining calm and focused during the counteroffers is the key to getting the last concession. By asking the buyer to give something in return every time he or she comes back with another request, you gain the upper hand, and the buyer will start backing away from making nonessential demands. DON’T BECOME FLOODED WITH C ED WITH CONCESSIONS When a buyer submits an offer to you, unless it’s a fantastic one, you should bring counteroffers to the table. Perhaps a different price and/or concessions — such as shorter closing dates, terms, modifications of contingencies, or incentives — will enter the negotiations. When reviewing the offer, be sure to consider items that would be unacceptable to you. When seller's counter an offer, it is a rejection and a counteroffer to the original contract offer. A counteroffer is used to, in effect, accept some (or most) of the terms of the buyer’s latest offer, while modifying other items. Make sure you are aware of the time of acceptance of offers. How and when offers are accepted will vary in different states. In the State of Florida, either the FAR/BAR Standard Residential Contract For Sale And Purchase or the FAR/BAR "AS IS" Residential Contract For Sale And Purchase is used to make offers and sometimes counters. An addendum to the FAR/BAR contract is also used to counter offers. According to William McComb, Esq in his article "Wading Through the Counteroffer in Florida Real Estate Transaction", the FAR Counter-Offer Addendum is a one-page document that delineates the line number being modified, counter offer terms,

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