Good to hear from you and thank you for commenting.

From what I understand, the US property market has been hit far harder than we were here in Canada and continues to have serious problems that we aren’t experiencing here in Canada.

The US situation is so different, I don’t feel qualified to comment.

Did you try sending the Buyers a counter offer?

Looking forward to hearing from you.

Been listed for a month

Even if I were desperate I couldn’t sell it fo that price. Foreclosure is
A more attractive option

Wow, that was quite the low ball!

Are you in the Greater Vancouver area?

If so, I am surprised a buyer would submit an offer as low as that.

How long has the property been listed?

Looking forward to hearing more.

Thanks!

Good to hear from you and thank you for commenting.

I hear your frustration.

Do keep in mind that you are not required to accept a low ball offer on your property.

A low ball is just an invitation to negotiate.

A lowball offer is not a personal affront or attack.

I always suggest countering a low ball to get the Buyers up to where you want them.

What happened with the offer?

Speak soon,

Every cent I can get

Good to hear from you and thanks for commenting.

I don’t allow profanity on my site, so I hope you don’t mind that I’ve edited your comment to remove the profanity.

Sounds like you’re in a tough spot.

I would check your Comparative Market Analysis to see when it was done and see if the market has changed since your property was analyzed last. If your numbers make sense, then it might be good idea to share the comps with your Buyers so they know where you’re coming from.

Also, I would review your pricing strategies for your property. What are the goals? Are they achievable?

Another thing to check is what’s happening in the real estate market where you are. Are you in Greater Vancouver? The Monthly Real Estate Board Stats I have on this site can give you a very clear idea on whats happening in all areas of Metro Vancouver.

For more info on this check out my videos on How to Sell a Condo, that might help.

Hope this helps!

Good to hear from you and thank you for commenting!

Do you have a Realtor you’re working with?

I ask, because I do not want to interfere with an existing
Agency Relationship.

A lowball is just an invitation to negotiate.

I think that countering the Buyer is a very good way to see if the Buyers are serious about buying the property.

If you send the Buyers a decent counter offer and the don’t do anything, you know they’re not serious.

If they send a counter offer, you know they’re serious and there’s a chance you can negotiate them up to a price that works for you.

If you’re working with a Realtor, ask what they think you should do, but I always say counter a low ball.

How did you hear about my blog?

Speak soon,