Homeowners put a lot of time, money, and effort into maintaining, updating, and decorating their homes. So, when it’s time to sell it can be frustrating to receive a lowball offer on your home.
Many sellers aren’t sure how to react to a low offer. However, with so much at stake it’s important to go into selling your home with a plan.
In this article, we’re going to talk about how to handle a low offer on your home so that you can capitalize on even the less-than-ideal prospects when selling your house.
So, you’ve gotten an offer on your home that you consider to be way too low. The first thing you need to do is to detach your emotions from the situation so that you can formulate a polite, but appropriate response.
It is the custom of many people around the world to negotiate. And one common practice in negotiation is to start with a low offer. Therefore, don’t be offended if you receive an offer that is low as it likely isn’t meant as an insult to you or your home.
We understand that selling can be frustrating, so if you need to vent, talk it over with your family or agent. Together you’ll be able to get past the initial frustration and come up with a quick, practical response to the offer.
Even if you think there’s a small chance that the prospective buyer will raise their offer to fit your requirements, it’s still worth providing a counter offer. This will make it clear to the buyer that you have received their offer and considered it.
Failing to provide a counter offer could mean you miss out on a serious offer in some cases, so it’s worth the small amount of time it takes to provide.
So, you’ve sent a counter offer and have received a response that still isn’t getting anywhere close to what you’re looking for. Now what?
In this situation, it’s best to send a concise and cordial message to the buyer that you won’t be able to adjust your offering price any further and then thank them for their time. After this point, it likely isn’t worth your time to continue negotiating.
If you’re getting a lot of low offers and none in the range you hope for, it could be time to reconsider a few things. You might want to try a new approach, such as staging the home or highlighting certain details that you may have missed. If your listing photos aren’t up to par you can upload new ones that are higher quality with better lighting.
Next, see if the comparable listings in your area have gone down in price. A substantial change in the local market since the time you listed your property is, in some cases, enough to influence the offers you receive.
Image by DarthZuzanka from Pixabay
Those who have lived in the same home for an extended period of time may be thinking about renovating their house. This is a chance to update the space to fit more contemporary styles while also increasing the value of the home itself. With this goal in mind, here are a few home improvement trends to try this year.
In the world of interior design, the popularity of subway tiles has already skyrocketed. This is a glamorous tile is used to bring urban vibes right into the comfort of one's home. These tiles can be used to add a little bit of sparkle to any room. Subway tile can be used to create visual interest without drawing attention away from the structure of the room itself but they can also stand as a design centerpiece. Look for accented subway tiles that will beautifully bring out the features of the room. These details may come in the form of different colors, understated texturing, or setting the tiles into unique patterns.
Open shelving used to be thought of as a fringe idea; however, it is here to stay. They are often designed to be a slightly different color from the rest of the kitchen to highlight the minimalist design aesthetic that has become popular in recent years. While proving easier access to stored items, open shelving also creates an opportunity to add a punch of color or pattern at the back of the shelves without updating the whole wall. Many people also like to accent open shelves with handmade ceramics or collectibles. The flexibility and versatility of open shelving have made this a popular trend.
Many homeowners are looking for updates that will bring a sense of luxury and convenience to their bathrooms. You may look for ways to make the space bigger and incorporate some new technology. You may consider adding heated toilet seats or jets for the bathtub. Create built-in seating in the showers, install adjustable showerheads, and create storage alcoves in the shower itself. Adding counter space and dual faucets is another popular and timeless upgrade.
Home improvement projects aren't just a way to elevate living spaces. They are an opportunity to invest in your home and add value to it. Why not take a look at some home improvement options for 2020?
If you're like many modern homeowners, your ideal of an ideal outdoor living space is one that serves as a personal oasis. Perhaps you've cultivated a thriving culinary herb garden complete with classically inspired statuary or maybe you've carved out a serene space in the middle of a flowering thicket. Whatever type of sanctuary you've created in your outdoor living space, you probably want to be able to enjoy it as often as possible, and there may be nights when you find yourself reluctantly heading indoors as the sun sinks below the horizon. However, with the right type of outdoor lighting, you can relax or entertain in your outdoor living space no matter what the time of day. Following are just three ways to light up your night:
If you've got waterfalls, fountains or ponds in your outdoor living space, consider using lighting to add a dramatic effect. Backlighting works well on waterfalls and fountains, and in-ground lighting highlights and defines ponds. If you're lucky enough to have a stream running through your property, you can place solar lights on the bank for added visibility.
Walkways of all types, from winding garden paths to basic concrete walks leading up to your front door can benefit from ground-level lighting. Walkway lights increase aesthetics as well as provides a layer of protection against slip-and-fall accidents, making them ideal if you like to do a lot of outdoor entertaining.
Another lighting option when you want visibility on walkways or other ground-level spaces is downlighting from posts placed alongside the walkway. This is a great option when you want the area to be extremely well-lit at night.
Specimen plant lights showcase individual trees and shrubs that feature particular visual interest. Monkey puzzle trees, for instance, make good choices because of their unusual appearance. You might also choose to have specimen lighting options installed for the purpose of backlighting your favorite flowering shrubs. Specimen plant lighting is also instrumental for those who want to create architectural balance after dark. For instance, if you've got two tall arborvitaes flanking your front entryway, specimen lighting backlighting each one provides a classically elegant appeal.
If midsummer soirees are a part of your seasonal entertaining agenda, consider bringing an ethereal accent to the picture by stringing fairy lights in tree branches. You can also use them on hardscaping features such as gazebos, railings, pergolas and arbors.
Whether your favorite after dark activity in your outdoor living space is enjoying an al fresco dinner party with friends or soaking up the serenity in the company of a good book, outdoor lighting helps enhance the experience.
Sure, it's possible to find a home with a fully equipped exercise gym, an Olympic size swimming pool, or a couple tennis courts on the premises, but who wants to spend that kind of money! Fortunately, there are house features you can look for that will help you stay in shape without having to win the lottery first! Here are a few ideas to consider when searching for the ideal home:
