Fine Homes ● Exceptional Agents ● Luxury Properties

How To Handle A Motivated Seller

 

Often ads for homes on the market include the phrase “motivated seller,” and while this sounds as if it may be to your benefit as a home buyer, what does it actually mean?  If a seller is truly motivated you can benefit from a number of potential perks they may be willing to throw in to get their home sold, or they may even be willing to accept a lower offer than the asking price.  Here are a few tips on how to find motivated sellers, and how to get the best deal possible.

 

Is The Seller Really Motivated?

 

Believe it or not, all “motivated sellers” are not really motivated.  The phrase is often used by sellers and real estate agents to get a response from potential buyers.  From the perspective of agents, if a seller is fairly insistent that they want a particular price for their home, which the agent feels is above the market value, they may use this phrase to encourage bids below the asking price.  Sellers, on the other hand, may request this phrase be used whether they are motivated or not, in order to encourage a bidding war.  Whether the seller is actually motivated or not may not always be apparent, but the best way to gauge the situation is by contacting the agent and making a low offer if you are interested.

 

So The Seller Is Really Motivated!  Now What?

 

If you have put in a below asking price offer and it has been accepted, or a counter offer has been given, then you may really be dealing with a motivated seller. 

 

So what should you do to make the most of this situation while protecting your own interests?  The first thing you should always do is be sure you are clear about why the homeowner is so motivated to sell.  Is there something wrong with the house or the property?  Getting a qualified home inspector to carefully check the property before signing anything is very important to protecting your investment.  If all goes well with the home inspection, you may have the opportunity to negotiate other bonuses as well, including the appliances, financing options, or a renovation budget.

 

Whatever the situation, it is always a good idea to have an agent represent you through the home buying process.  They are your insider in getting the most out of the situation, and can help you wade through all the jargon of the home purchasing experience.

Premier Beach Realty
Ph: 609.264.3600Fax:888.691.2700
1018 W. Brigantine Ave.
Brigantine, NJ 08203 US
www.PremierBeachRealty.com
Home Calculators Mortgage Glossary Today's New Listings Pre-Qualify Now Buyers Calculating Your Monthly Mortgage Payment New Listing Alerts How Much Can You Afford? Relocation Provide Your Land As Collateral Sellers Real Estate Glossary Recognizing Predatory Mortgage Lender Shopping For The Best Home Loan Sell Your House Local Schools Step By Step Guide In Obtaining A Home Loan Home Value Request Buying A Home With Bad Credit Daily Cartoon Buyer Reports Seller Reports Investor Reports Local Weather Markting Tips: How to Sell Your Home Pricing Your Home To Sell The Benefits of Home Ownership Brigantine City Info Getting Your Home Ready To Sell Atlantic City Info Ventnor City Info Home Selling Checklist Selling A House With Pets At Home Margate city Info Top Ten Showing Tips What Are Lockboxes? When Is The Right Time To Reduce The Price? Longport Info Are Your Neighbors Affecting Your Home's Value? Ocean City Info Avoid The Most Common Mistakes When Selling Your Home Somers Point Info Creating Curb Appeal Eight Things To Consider Before Listing Absecon Info Pleasantville Info Home Seller Disclosure Obligations Home Staging-Should You Hire A Professional? Galloway Township Info Protecting Your Privacy While Your Home Is Being Listed Repairs To Make Before Selling Your Home Township of Hamilton Info Egg Harbor Township Info Sell Or Remodel-Which Is Right For You? Sell Your Home Fast-Five Tips to Get A Fast Sale! Send Link to a Friend Atlantic County Info Selling Your Home-Why You Need Premier Beach Realty Selling Your Home During The Holidays How Sell In A Buyer's Market - Maximizing Your Profit Staging An Open House That Won't Cost You A Fortune Ocean County Info Ten Tips To Successfully Sell Your Home Instant Home Value Search Rentals When Should You Accept A Low Bid? Five Things You Should Put Into Storage While Selling Cape May County Info Rental Request Form How Long Should You Keep Your Home On the Market? Negotiating With A Buyer Quick Clutter Fixes For The Unexpected Showing Selling A Home When You Have Kids Should You Show An Empty Home? Simple Ideas To Make Your Home More Welcoming To Buyers The Downside To A Sale By Owner Home Remodels To Most Increase Your Selling Price What Season Is Best To Sell? Agents Commission Plans Search Commercial Listings Buying Versus Renting What Is An Ernest Money Deposit? Finding Your Perfect Home Home Buying Checklist Home Buying Negotiating Tips What Is A Home Warranty Plan? Things Needed After Purchasing a Home A Single Womans Guide To Home Ownership Buying A Fixer-Upper: Are You Ready For The Work? Buying A Forclosed Property-What You Should Know: Buying A Home Long Distance Buying A Home That Can Grow With Your Family Getting To Know The Neighborhood Before Buying A Home Hiring A Home Inspector How Much Do You Need? How To Handle A Bidding War How To Handle A Motivated Seller Is An Income Property Right For You? Negotiating Contract Contingencies From The Seller Understanding Buyer Closing Costs What A Premier Beach Realty Agent Can Do For You? What Is A Property Survey? What To Consider When Buying An Older Property A Nice Home Or Nice Neighborhood: Which Matters More? Choosing Realtor You Can Trust Examining A Home Objectively: What Matters? Findng A Neighborhood With Great Schools Homeowners Association: What You Need To Know How Much Yard Do You Need? Making An Offer: Negotiating Your Buying Price Selecting Homeowners Insurance Should You Consider A Condo Or Townhome? When To Consider Raising Your Home Buying Budget Things You Need When Applying For A Home Loan Types Of Home Loans Understanding The Closing Process A Reverse Mortgage: Is It Right For You? Avoiding Mortgage Fraud Finding A Mortgage Broker Finding The Best Fit For Your Mortgage Search Homes Contact Finding Your Credit Rating Fixed Mortgage Vs. Variable Rates Getting A Second Mortgage Negotiating An Owner Financing Purchase Paying Off Your Mortgage Faster Protecting Yourself From Unexpected Loan Adjustments Taking Advantage Of Low Interest Rates The Advantages Of Pre Approval Tips For Getting Your Down Payment Faster! Understanding Interest Rates Why You Should Avoid Subprime Lenders Will You Qualify? All About Home Equity Loans Applying For A Joint Mortgage With Your Spouse Balloon Payments: Whay They Mean For You? Can You Buy A Home With No Down Payment? FHA Loans First Time Buyer Loan Tips How Much Cash Will You Need To Close? Insurance and Property Taxes Interest Only Loans: What You Should Know Tips For Qualifying For A Better Interest Rate Christmas Decorating Ideas Creative Ways To Say, Father's Day Gift Ideas He'll Love Halloween Safety Tips Have Some Fun With Easter Eggs How To Make The Fourth Of July Fun For Kids New Year's Eve Decorating Ideas St. Patrick's Day Ideas For Family Fun Thanksgiving Day Menu Ideas Ways To Thrill Mom On Valentine's A St. Patrick's Day Menu That Your Guests Will Enjoy! Create A Romantic Valentine's Day In Your Dining Room Create A Spooky Yard For Halloween Create Kid-Safe Jack-O'-Lanterns Decorating For Christmas In The Green Living Way Decorating For Thanksgiving Decorating For The Fourth Of July Easy Easter Decorating Ideas Hanukkuh Decorating Ideas Host A Chinese New Year's Party! How To Host A Fun And Safe New Years Eve Party Memorial Day Picnic Menu Ideas! Mother's Day Brunch: Decorating And Menu Ideas Planning A Fun Fourth Of July Block Party The Right Christmas Tree For Your Front Door Tips For The Perfect Turkey A Mother's Day Menu Your Kids Can Prepare Celebrating New Year's Eve With Children Fabulous Homemade Halloween Costumes Holiday Meal Ideas You Can Prepare Ahead Of Time Is A Real Christmas Tree Right For You? Planning The Perfect Easter Egg Hunt Planning The Perfect Memorial Day Barbeque Preparing Your Home For Holiday Guests Safety Tips For Fourth Of July Fireworks Valentine's Day Crafts For Kids Agent Login Our Agents Sign Our Guest Book About Us Rental Application Feedback
Powered by LinkURealty - Real Estate Web Design & Websites