rock-bottom prices. You will need to decide beforehand whether you will accept that kind of offer, and you need to apply some rules to this choice. Often, there might be a concern that those offering to buy the property for cash and making poor offers are flippers looking to renovate and resell the property. Even if this is true, it won't be a matter of concern for you as long as your objectives are met. Additionally, though they might carry a lower price, cash offers are advantageous because you will no longer need to worry about the property appraisal or whether the buyer can get a loan. Cash offers are always better if they can close quickly, provided that you can settle on a price that’s not too far outside the range you were hoping for. If you come across a low offer that is not so damaging, it is good to accept it as-is rather than making an aggressive counteroffer that scares the buyer. If you still have some patience and time, make a reasonable counteroffer and assess the response from the cash buyer. This will let you know whether the deal will work or not. You have reason to recheck your quoted price if you get too many low offers (most of them fall within a particular range). In particular, I would like you to consider whether the comparative market analysis was done correctly. Please look at who did it for you, whether a local agent or an appraiser and consider requesting a new assessment from a different source. If you arrived at the figure by browsing through some listing websites, you might have made a grave mistake. You can take advantage of the MLS and arrive at the right price to effectively deal with offers that seem too low.
NOT ENOUGH OFFERS
Suppose market activity in the area surrounding your listing was high during the weeks immediately following the listing. In that case, you might imagine it is priced correctly, even if there
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