Shirley Brown, your local Coquitlam REALTOR®

(604) 939-6666

How to Deal with a Low-Ball Offer

If you take care to price your home correctly — that is, at a price that is in line with what similar properties in the area have sold for recently — then you have a good chance of selling it at or near your asking price.


That doesn’t mean you won’t get a low-ball offer. You might. So what do you do when that happens?


First, understand that the buyer may not necessarily be trying to steal away your home at a bargain-basement price. He might simply be mistaken about its true market value. Of course, he might also be coming in at a low price in the hopes he’ll get lucky.


You will never actually know the buyer’s motives. So it would be a mistake to get angry or dismiss the offer out-of-hand. That low-ball offer might end up being the beginning of a negotiation that results in you selling your home at a good price.


Your first step is to work with your REALTOR® to determine:


  • How serious the buyer is.


  • How qualified the buyer is. (For example, does he have a pre-

    approved mortgage?)


  • How amenable the buyer is to a counter-offer that reflects the true

    market value of your home.


  • What that counter-offer should be.

    This isn’t an easy process. It takes knowledge and experience to get it right. That’s why working with a good REALTOR® is essential.


    Looking for a REALTOR® who is an expert at this stuff? 


    Call today. 


    Shirley Brown


    (604) 671-1060 






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Home safety is more than locked doors and alarms 



When it comes to home security, most homeowners think about door locks and alarms. These are, of course, very important. However, there is also a lot you can do around your property to prevent the possibility of a break-in.

 

One important part of home security is outdoor lighting. Your home doesn't need to be lit up like a baseball diamond at night, but your exterior lighting should illuminate your yard enough to be a deterrent to burglars.

 

Some burglars hide around the property and wait for someone to arrive and open the door so they can use that opportunity to force their way into your home.

Security experts suggest that you walk around your property and look for areas where someone could hide, such as behind tall shrubbery like a cedar hedge or behind a tool shed. Make sure these areas are well lit.

 

Pay particular attention to lighting around exterior doors, especially the back door.

 

Home security experts also recommend that exterior lighting be installed with a timed dimmer. The lights can then be set to cast a bright light in the early evening, and then a dimmer light throughout the rest of the night.

 

Lights installed with motion detectors can also be effective in certain areas. The sensors will cause the light to turn on or brighten when someone comes onto that part of your property. Generally, thieves will flee as soon as they see a light turn on.

 

Do you hide a spare key under the front door mat or in a flower pot? No matter how clever you think you are, experienced thieves know all the common hiding places. So, if you need to have a spare key available, put it in a small combination lock box and hide the box. That way, if a burglar finds the box, he still won't be able to open it and access the key.


The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.