Rethinking Your Offer Strategy
By Leanne Smith, The Grit and Gratitude Agent
(Dirt Road Real Estate)
Funny thing, just this past week I received a very lowball offer for an off grid residential property. The potential buyer shared he had done his research and four years ago the sellers paid this amount. So he offered about $10,000 over what the current sellers paid.When the potential buyer and I spoke, I shared the sellers had made considerable investment in upgrading the solar system including a new inverter, new batteries and new solar panels. Additionally other improvements had been made, plus residential property values continued to increase.As a REALTOR®, the Code of Ethics obligates me to protect and promote my clients. Since this offer included a contingency addendum, I undertook additional research to better understand the 90 day contingency addendum.I discovered the property ...
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