Lowball offers: Buyers may not fully understand the market. They read national headlines from the media that home prices are down and they think it’s reason enough to submit an offer on a home way below the asking price. “There are plenty of buyers out there who don't understand that the down market does not mean that sellers are giving homes away -- nor does it mean that banks are desperate to offload foreclosed properties,” Nelson says.
http://realtormag.realtor.org/daily-news/2011/12/07/3-ways-client-overconfidence-sabotages-deals
http://realtormag.realtor.org/daily-news/2011/12/07/3-ways-client-overconfidence-sabotages-deals
Shan Saigal
Broker-Referral Realty Silicon Valley
Direct: 408-505-9302 /Dre#00768704
Broker-Referral Realty Silicon Valley
Direct: 408-505-9302 /Dre#00768704
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