In the home sellers' market, not all are in a hurry to convert their homes to cash. Why? Because hurrying can sometimes be the cause of overlooking better offers. If you're in the buyers' side, you can encounter disappointments when your offer gets rejected. Know the 3 common reasons why your offer can be rejected by the seller.
You fail to disclose your contact details.
Minor error as this may seem on your part, it can mean a lot to the seller. Offers from buyers without contact details easily get trashed because there are other offers which carry what you don't have. If you are the seller, would you waste time to respond to offers without contact details - just their email addresses? Remember that hundreds of websites allow a person to make an email address - even you can make a fake email address. So next time, don't forget more pertinent contact details like home, office, and mobile phone numbers. Tip: Make a graphic signature bearing your name, work, home and business addresses, and all contact details. Attach this at the end of every email correspondence you will send.
You offered too low.
Many sellers put their homes for sale because they are in need of money. However, not all will bite offers that have such low figures. Moreso, rarely will sellers grab offers that are lower than what they ask for. Instinctively, sellers usually reject these offers with thoughts that the buyers are not that serious.
Offers with low figures can also be rejected especially when the house is just in its nascence of being put in a listing. Sellers think that they still have time to wait for better offers - those that will give them more margins for profit. Tip: Try talking to the seller in a deeper tone analyzing why he or she needs to sell the house. Financial distraught can be the primary reason for selling, but others may just need to let go of a property because of migration. With these, you can made a pretty good offer.
Your agent is annoying.
Buyers' agents can be annoying - it is a truth (but it is not a generalization)! If an agent negotiates in your behalf, but you think that you have a good offer - the rejection might have something to do with your agent. Tip: Being rejected may sadden you especially if you really liked a house for sale. Rejection should by no means become a reason to burn bridges. Talk to the seller still to know the real tonebehind the rejection.
Now that you know why your offer is possibly rejected, it's time for you to change ways when doing an offer the next time. Buying a house of your dreams may be tangled with a lot of rejection, but pursuing your dream should not bring you down. Instead, it should push you further until your offer fits to the approval of the right seller.
Having problems with making an offer? Fret not! Your friendly real estate agent is always ready to be of assistance!
Desare Kohn-Laski is a proud and experienced Florida realtor who is knowledgeable and familiar of the East Coast Florida real estate market. Some of the areas of her service include Parkland, Fort Lauderdale, and Hallandale Beach. Stop the chase for your dream house with her professional assistance. For more information, hop on to http://www.skyelouisrealty.com.