About the Memphis, Collierville, Germantown & Other Surrounding Areas. 

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

	See All Tips In The "Accepting An Offer" Category >
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Melissa Hayes
Crye-Leike Realtors
6525 Quail Hollow Road
Memphis, TN 38120
Tel: 901-756-8900
Direct: 901-230-2610
Fax: 901-435-0620
Email: melissa@melissahayes.com

Whether you are selling or buying a home, I am here to meet all of your real-estate needs. You can benefit from the experience I have gained while handling over 1,000 successful home closings. My ability to offer both dramatic results and happy clients is due to an unparallel level of service, state-of-the-art marketing techniques, impeccable professionalism, invaluable internet presence, and absolute commitment of excellence.

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