For some people, this is the desire: your offer is for real estate accepted, skip the haggling, and and you can ponder your choices with your new dwelling.
And, here and there, it come to passs. Obviously, various home sellers accept any offer they receive, and in Alexandria because of rationale known only to them.
Conversely, real estate sellers are also known to reject offers for various rationale. Or make counteroffers. A counteroffer is more likely if you make an offer with lots of conditions, or when the property is in great demand.
When you receive a counteroffer, it's your option. You can accept, continue negotiations or move on to the next end unit townhouse.
When negotiates are underway, as your agent, please email me. I will be your guide to real estate negotiations like 1431 Duke St in Alexandria, Virginia, when you think it's your home, then I'l help you to dicker with the seller. By this I mean that I will use my experience and negotiating skills as we craft a series of offers and counter-offers to help get you the right deal on the home you really want. This is what I do each and every day.
When negotiations are on-going, I'll provide advice but you'll provide direction and make important decisions. I’ll help you understand the negotiating basics we will deploy. Those conventions will vary depending upon the end unit townhouse but in the City of Alexandria there are some tried and true practices we deploy time and again.
In the City of Alexandria, there are a few rules of thumb every property seeker should know before negotiations commence:
- Ask for Fewer Concessions
Home buyers have to cover many additional costs at a mortgage settlement, such as closing costs for taxes, lender’s fees, and title company fees. Depending on your location, the closing costs will vary, but you can expect to pay between 3% and 4% of the home’s selling price. The seller pays an additional 1% to 3%. (You can use the closing cost calculator on our site to get an estimate of what your closing costs might be.)
You have the option to ask the seller for concessions when you make your initial offer. This may come in the form of a cash settlement to help you offset your share of the closing costs, but this may not be feasible if the seller has received multiple offers on the property.
Requesting concessions will ultimately lower the seller’s net proceeds from the sale. The seller may make a counteroffer that removes the concessions, which ends up putting cash back in the seller’s pocket and can improve your bid.
- Responding quickly to a counteroffer – ideally within 24 hours – is important because the longer you wait, the more time you leave for another buyer to make an offer. Also, a seller may withdraw their counteroffer before you can respond if they sense that you are hesitant.
- Be Patient about Taking Possession of the Home
Depending on the seller’s timeline, being patient about the proposed possession date may butter them up a little. If the seller wants to remain in the house for a period of time after closing, you can consider pushing back the possession date. You could also have the seller pay rent for the period of time they remain in the house after closing, which would be done by drawing up a “rent-back” agreement.
Are you interested in a intriguing end unit townhouse like 1431 Duke St? I can guide.
2 beds, 1 full, 1 part baths
Home size: 776
Added: 11/05/20, Last Updated: 12/03/2020
Property Type: End Unit Townhouse for Sale
MLS Number: VAAX252924
Subdivision: Round House Square
List Price: 489900.00
Properties in Alexandria