Choosing the Best Offer For
Your Candlewood Lake Home for Sale
You’ve worked hard on
preparing your Candlewood Lake home for sale and have done enough research and
consulting with your agent on the best price. You may already be receiving a
number of offers from interested buyers.
Having a plan on how to
review and select offers from buyers is necessary so you won’t miss out on the
best offer.
1. Know and understand the
process.
There are 3 things you can do once you receive an offer:
you can either accept it, reject it, or negotiate with the buyers to modify
some terms in the contract. This is called making a counteroffer.
2. Decide on your most
important terms beforehand.
Decide way in advance the terms that are most important
to you, like if price is more important over closing date or if you require the
buyer to submit an offer in writing with a preapproval letter.
3. Create a process for
reviewing offers.
If you receive multiple offers for your lake property,
work with your agent to create a timeframe where buyers can submit offers. This
gives your agent time to market your Candlewood Lake home to as many buyers as
possible and time for you to review all the offers. This also allows you to get
the best offer and terms.
4. Don’t take it personally.
Although selling a home can
be an emotional experience, it should be considered as a business transaction
and treated as such. If a buyer complains about something about your property
or makes a lowball offer, don’t be offended. Instead, you could think of it as
a sign that the buyer is interested and that these comments or complaints are
part of their negotiating tactics. Be ready and willing to negotiate.
5. Review each term.
Carefully review all the terms in each and every offer.
Price is not the only important term to consider. Find out if the buyer is
asking to include fixtures with the property like furniture, appliances, window
treatments, etc.
With each term, ask yourself
“Is this a deal breaker or is it a negotiable term that may help me close the
sale?”
In case you have received an
unacceptable offer, have your agent talk to the buyer's agent to find out what
is most important to them and see if you can meet that need.
The key to a successful
negotiation with the buyer is flexibility. Making sure you review and
understand all the terms, follow the process for reviewing offers, and work
closely with your agent will ensure that you will not miss out on the best offer for your Candlewood Lake home for sale.
Call me, Deborah Laemmerhirt
now at 203-994-4297 and let me assist you with everything you need to know
about selling Candlewood Lake homes. My years of experience as a preeminent
real estate professional in Ridgefield, Redding, Wilton, New Fairfield,
Brookfield, Bridgewater, Roxbury, Washington, Weston, Westport, Southbury,
Kent, Sherman, Easton, and Bethel, CT, combined with my dedication to providing
the finest service will make it easier for you to find your dream home in
Connecticut.
