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About Miami County- Ohio - Moving to Miami County- Ohio, Ohio? Get info here... About Piqua - Moving to Piqua, Ohio? Get info here... About Troy - Moving to Troy, Ohio? Get info here... About Tipp City - Moving to Tipp City, Ohio? Get info here... About Shelby County - Moving to Shelby County, Ohio? Get info here... About Grand Lake St. Marys - Moving to Grand Lake St. Marys, Ohio? Get info here... About Dayton - Moving to Dayton, Ohio? Get info here... School Reports - Reports for Troy, Tipp City and Piqua schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Troy, Tipp City and Piqua, in County OH. Go to Main Sitemap - Main sitemap sections include Find Troy, Tipp City and Piqua Homes, For Home Buyers, For Home Sellers, Troy, Tipp City and Piqua Information, Real Estate Resources, and About Cyndie Scott.
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Accepting An Offer >Responding to Low Offers
The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.
Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.
The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.
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| Q |
What are considered the ideal conditions for a buyer's market?
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| A |
In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices. |
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