What To Do When
Someone Offers To
Buy Your Kapiti Home
What happens if a buyer presents you with a real estate contract
to sign?
Whenever you receive an offer you have three options:
- Accept the offer
- Reject the offer
- Make a counter-offer
One school of thought is "Your first offer is usually your best
offer."
However, many experienced negotiators would argue, "You should
never jump at the first offer, no matter how attractive it is."
A New Zealand real estate contract is a legal document and should
be treated seriously.
How you decide to handle the offer is a judgment call you will
have to make. A lot will depend on how good the offer is, what conditions are attached and how
desperate you are to sell.
The point to remember is that in many situations (but not all),
the buyer is expecting a bit of "horse trading." Most buyers I have encountered have started by
offering a lower price than what they were prepared to pay.
A real estate
contract is a legally binding agreement, so it is always wise to seek proper legal
advice.
Contact me now if you are interested in buying or
selling Kapiti Coast properties.
Article courtesy of Noel
Peebles
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