When selling a home in Myrtle Beach, you can sometimes receive offers on your home that are well below the asking price. As the listing agent, it is required that we present any and all written offers that are made on a listing.
That means if a buyer makes an offer that is $50,000 under listing price, we have to present the offer to the sellers. This type of thing normally happens when a buyer is just testing the market and wants to see if they can “steal” a property for well under market value.
When this happens, my suggestion is to counter back to the offer with a ridiculous counter as the original lowball. So if your home is listed at $200,000 and the offer comes in at $150,000, I would suggest countering back at $250,000 explaining to the buyer that your overpriced counter is as ridiculous as their lowball offer. Hopefully after the quick charade, the buyers will make an offer closer to the list price and you will be able to come to a ratified contract price that both parties will be happy with.
For more information on selling your home and to learn more on how my marketing plan can expose your home to over 37,000 people in the first 24 hours of your home being listed, contact me today.
The South Carolina REALTORS Association just released a very comprehensive video that is a year end real estate market update for the state. Below is the video for you to watch:
