For people, here's the desire: your offer is perfect, there is no negotiation to handle, and and you can instead focus on what you're going to do with your new home.
And, every so often , it occurs. Obviously, some real estate sellers accept any offer they receive, and in Vienna because of rationale known only to them.
On the other hand, home sellers are also known to reject offers for various rationale. Or make counteroffers. A counteroffer is likely if your offer is conditional, or when there is more than one offer.
When you receive a counteroffer, it's your option. You can accept, continue negotiations or move on to the next residence in 22181 in Fairfax County.
In cases like these, as your market savvy agent, I'm there to help when you contact me. I will be your personal ace to real estate negotiations in Northern Virginia, if you decide that it's best to negotiate with the seller. By this I mean that I will use my experience and negotiating prowess as we craft a series of offers and counter-offers to help get you the right deal on the home you actually want. I have done this many times, and I can do it for you.
At the same time, you'll be right there with me. . I’ll help you understand the negotiating ideas we will deploy. Those tips will vary depending upon the place of residence but in Vienna, Virginia here are some basics we typically come back.
In 22181, let's examine three basics every purchaser should know at the outset:
- If you ever get a counteroffer, always remember to respond to it within 24 hours because when you receive a counteroffer, it is important to respond within 24 hours because the longer you wait, the more time you leave for another buyer to make an offer. On top of that, if a seller senses that you are hesitant, they may withdraw their counteroffer before you even have a chance to respond.
- Listen to your Gut – and your Agent
When you are in the middle of negotiations with a seller and you get a bad feeling in the pit of your stomach – or you get advice from your agent – indicating that something is wrong, you should listen. Don’t be afraid to walk away from a deal, especially if your agent advises you to do so.
If you’ve already made negotiations, don’t want to make any more trades, and the seller won’t budge, sometimes walking away is the best decision to make. It won’t be easy because negotiating is hard and draining, But once those feelings of frustration pass, you’ll be better at negotiating and you’ll realize that you know how to do this.
- Pick up the Cost of the Home Warranty Yourself
A home warranty is sometimes offered by a seller. A home warranty covers the repair of larger home appliances, such as the air conditioner or hot water heater, if they malfunction within a certain time period – usually a year – after purchasing the home. According to Angie’s List, a home warranty can cost $300 to $600, which is minimal in comparison to the cost of repairing one of these larger appliances.
If waiving the home warranty seems to make negotiations easier, offer to pay for it yourself so that the seller does not have to cover the cost. You should know, however, that regardless of who purchases the warranty, you will be responsible for paying the service fee, usually between $50 and $100, if something needs to be repaired while under warranty.
To clarify, a home warranty is different and separate from homeowners insurance. Homeowners insurance covers your home’s structure and possessions in case of a fire, storm, flood, or other accident; and it is required if you take out a mortgage to buy your home. This insurance usually costs between $300 to $1,000 per year, which is a small price to pay for peace of mind.
Are you interested in a remarkable home in 22181 in Fairfax County? I can help. Contact me.
5 beds, 5 full, 1 part baths
Home size: 4976
Added: 09/12/20, Last Updated: 09/25/2020
Property Type: Detached Home for Sale
MLS Number: VAFX1154764
Subdivision: Five Oaks
Properties in Fairfax County $1,600,000 to $1,700,000