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Real Estate Tips
Accepting An Offer >Purchase Negotiations

If you are selling your home, you should be prepared for the day your first offer comes in. When your real estate agent calls to say there is an offer on your home, you will naturally get excited. When your agent describes the offer, you will probably experience an adrenaline rush. Whether the offer is good or bad, you should just remain calm--and discuss a counter-offer with your agent. The negotiations of a purchase begin with the buyer's ideal terms and a counter offer that communicates the seller's ideal terms.

A good agent will look beyond the price when evaluating an offer. If the buyers' financial qualifications are shaky or the offer includes potentially problematic terms or conditions, your real estate agent should be there to minimize any risk to you and to address these items in your counter-offer. Your agent's job is not to make a decision for you, but to be sure that you understand fully what the offer includes and what is expected.

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Real Estate Trivia
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What are considered the ideal conditions for a buyer's market?

A 
In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.
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Mike Morgen, REALTOR®, real estate agent and broker for Appleton, Kimberly and Fox Cities, Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike Morgen - THE FOCUS TEAM
Coldwell Banker The Real Estate Group

2830 East John St.
Appleton, WI 54915
920-428-2745
Fax: 920-993-7203
mikemorgen@NUMBER1EXPERT.com

"I believe that working in the community where you live is a benefit to the people you work with. I have been assisting buyers with their real estate needs since 1981. I have experience with residential, new construction and multi-family home sales and purchases. I am involved within the community through my children's school, coaching basketball and baseball, my church and other social organizations. I enjoy assisting sellers and buyers in achieving their real estate goals. I feel that my community involvement is a benefit to people relocating to the Fox Cities area. I look forward to working with you with all your real estate needs."

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