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“Responding to Low Offers” – Sellers in Kitsap County WA

June 4th, 2009 by Rich Jacobson

A while back, I published an article here on SOUNDBITEBLOG entitled “The Art of Offering Less.” It ended up becoming a 3-part series catered towards a Buyers perspective and provided some practical guidance/advice on how to draft offers that were less than the listing price.How-to-respond-to-a-Low-Offer-in-Kitsap-Count-WA-real-estate

In the 1st article we identified the market dynamics that tend to encourage or breed low offers.

In the 2nd article, we shared various strategies for Buyers to achieve success with low offers.

In the 3rd and final part, we discussed the risks that are inherent with making low offers.

Just recently, I received an offer on one of my listings, a secluded Hood Canal view property near DeWatto Bay in Tahuya WA.

Prior to faxing over the offer, the Selling Agent gave me a heads-up that the offer was going to be less than the current listing price.

How should Sellers respond to low offers, especially in today’s challenging market?

To find out some helpful and practical Seller strategies, go to ActiveRain (the link opens up into a separate window for your viewing ease).

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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, ActiveRain, and Crabbing in the Hood.

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