What to do when you get a lowball offer on your home

Receiving a lowball offer can feel like a gut punch-but it doesn’t mean the deal is dead. In a shifting real estate market, buyers are testing boundaries more than ever. The key is knowing how to respond strategically. At First Choice Realty Solutions, we help sellers turn challenges into winning deals.

Here are three essential tips for handling low offers with confidence.

1. Re-Evaluate Recent Sales (Comparables Are Key)

   The market moves fast. If it’s been weeks since you listed, double-check recent sales in your area with your agent. If your price is justified, provide clear comparables to show buyers the value. Many simply need a reality check on today’s pricing.

2. Always Counter - Even If it’s Low

A low initial offer doesn’t mean the buyer isn’t serious. Many just want to see what they can get away with. Responding with a counteroffer keeps the door open for negotiation-and often leads to a much better second offer.

3. Negotiate on Terms, Not Just Price

Price isn’t the only lever. Consider offering favorable terms with a faster close, shorter inspection, or covering some closing costs. These small adjustments can bridge the gap without cutting too much off your asking price.

Conclusion:

Lowball offers are tough-but they can be turned around with the right approach. Our team at First Choice Realty Solutions is here to help yo navigate these moments with strategy, experience, and expert negotiation.

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