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Rainmaker
5,322,749
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I'm always thankful there's an offer....I have the seller negotiate it until we wring it out...it will either go together or they'll go on to the next house...

Dec 30, 2015 03:06 AM
Ambassador
1,706,597
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I tell them it is better than the offer we got yesterday. They say we didn't get an offer yesterday. Exactly.

Dec 30, 2015 12:53 AM
Rainmaker
140,418
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

I've prepared my sellers that it is a possibility it will happen, and to not take it personally.  I encourage a counter, but understand if they don't want to.  I think I get more worked up about low balls than my sellers do!

Dec 30, 2015 12:31 AM
Rainer
42,470
Fred Hafdelin
Weichert Realtors - Mountain Lakes, NJ

I present it to my Seller along with reasons why the offer should not be accepted. I don't discourage a counter offer. You never know if a Buyer is just testing the waters with a low offer with intentions to offer more off of the counter offer.  Some Buyers think that if you don't ask you don't get.

Dec 30, 2015 12:41 AM
Rainmaker
1,075,409
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Acknowledge the offer receipt. Put in the pile to be rejected.  For investment properties people will try more see if low balls are accepted.

Dec 30, 2015 12:24 AM
Rainmaker
4,312,117
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We haven't seen REALLY low offers in our market since it has been brisk, but always try to warn sellers not to take it personally.    Present the facts on value, and if the buyer won't increase the offer, they are not the right buyers. 

Dec 30, 2015 12:21 AM
Ambassador
4,305,787
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Hella Mitschke Rothwell I'll stop by at your blog post.....

I always discuss it with the sellers - and see I can bring both buyers and sellers together.

Sometimes they are too far apart and if buyer's agent is looking for a bargain, I'd suggest to my sellers - let it go!

Dec 30, 2015 03:54 PM
Ambassador
3,691,648
Patricia Kennedy
Redfin - Washington, DC
Home in the Capital

With respect and gratitude.  Negotiating is an important part of what we do.

Dec 30, 2015 01:41 PM
Rainmaker
1,506,056
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Well, I have to inform my clients about any offers. I do not get emotional. Very often the original offer is pushed up and closed successfully with everyone to be happy( yes, it is a waste of time, but some buyers always wants to start low, and our main job is to negotiate the best terms for our clients, right?).

Dec 30, 2015 04:17 AM
Rainmaker
4,798,469
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Option A:  Throw a hissy fit and scream at the presenting agent.

Option B:  Thank the agent for the offer and go talk to my seller as to how we should respond.

(I prefer Option B.)

Dec 30, 2015 03:41 AM
Rainmaker
1,988,367
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Tell seller to expect them. Convey them. Laugh, cry, but don't judge. You are not the owner. Let them decide. 

Dec 30, 2015 02:56 AM
Rainmaker
3,612,546
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Handle it?  I present it to the seller.  We discuss options.   And he/she/they decide on how they would like to respond.  

Dec 30, 2015 02:35 AM
Rainmaker
175,414
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

I present it.  Up to the sellers what they want to do with it.  I present all offers.  IF they ask my opinion, I share it.  If not, we review comps and go from there.  Not my offer.  Not my house, but the client(S) I represent.

Dec 30, 2015 02:30 AM
Rainmaker
1,306,408
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Present it to the seller's; they already have my comp's and know if it is too low or adequate.

Dec 30, 2015 01:54 AM
Rainmaker
1,582,933
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Advise my sellers to just reject without a counter

Dec 30, 2015 12:56 AM
Rainer
230,774
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

if i get a call, a email or whatever form... i contact the other agent in some way..and say.. really? your not kidding, i know... do you want this house? or do you want to just make my owner angry and you wont get it at any price? if your trying to steal it, its not happening...if your client really does want the house...i suggest you email me right away and say oops, i made a mistake on the price(it has happened) and i am resubmitting.

cause if i present this (and you know i have too) my buyer will tell me and you to take a flying fudge. and if you really do want it, he is the kind of person that wont care now if you go over asking..your call buddy !

Dec 30, 2015 12:13 AM
Ambassador
4,641,573
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Advise the client to counter.

Mar 08, 2019 08:47 PM
Rainmaker
80,103
Linda Guess
Keller Williams Tri-Lakes Branson, MO - Branson, MO
Branson area real estate sales.

I am used to listing properties for the correct selling price.  I prepare the seller for low offers before we get them so they are not offended.  Them I encourage them to counter.  Most of the time in my experience a buyer is just trying to see if they can get a deal.  They will usually pay close to the list price.

Jan 03, 2016 09:33 AM
Rainmaker
812,117
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Hella - I present the offer and then provide my clients with the options they can take from their. Then the decision on what to do is up to them. Of course, I will do what I can to try and get their home sold.

Jan 03, 2016 07:19 AM
Rainmaker
2,325,023
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Hella. You can't make it personal, I review many offers that come in on properties I own, I will counter, no matter the offer is, unless of course it is a full price offer.

Dec 30, 2015 05:35 PM
Rainmaker
768,002
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Present whatever comes in, it's a start.

Dec 30, 2015 11:28 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

The offer is discussed with the seller and the seller decides how to handle.

Dec 30, 2015 10:36 AM
Rainmaker
555,014
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Hella,
No emotion. And I always present offers. If it is within negotiation range we do, or we try to find common ground for a new higher offer.

Dec 30, 2015 08:06 AM
Rainmaker
2,544,346
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Thank you and good first step...now, to get to work to see if we can get you this place....

Dec 30, 2015 07:58 AM
Rainmaker
432,424
Shanna Hall
Real Estate Solutions - Kirkwood, MO
I love selling houses!!!St. Louis, MO 314-703-1311

Present it and urge my seller to make a counteroffer- can't make a deal happen without trying!

Dec 30, 2015 07:13 AM
Rainmaker
3,985,513
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I gtell my sellers that we have a live person interested, lets see if we can get them to come up in price to where yoiu will be ok

Dec 30, 2015 06:37 AM
Rainmaker
4,808,680
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Hella,

We have always let the owner see it.  No need to get huffy or upset.  Just the facts, no need for useless salad dressing and parsley.  A

Dec 30, 2015 05:44 AM
Rainer
140,210
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

I present it and say something like this .... Remember the CMA that I did? Let's compare the offer to that CMA.

I already know whether the home is over priced or not. I our current market sellers usually get their price if it's priced correctly. 

 

Dec 30, 2015 05:00 AM
Rainmaker
634,116
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

No problem. Present it, mention the possibility of countering, and see what my sellers want to do with it.

Dec 30, 2015 04:29 AM
Rainmaker
1,724,712
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I explain to the Seller what their options are. We almost always come back with a counter offer even if the counter is full price BUT we will pay for a home warranty or something like that. I've been amazed at what some Sellers have accepted even against my advice. They may be in more of a pickle then they let us agents know and have to get out from under a mortgage or lose the property completely.

Dec 30, 2015 04:25 AM