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.Real Estate
Eileen M. Day REALTOR
WALKING IN SELLER'S
MOCCASINS
As a home buyer, you have made an offer to the seller which was much lower than the asking price. If the seller has countered the offer you made, you are now in the same position the seller was in when he received your offer. As the Indians say, “You are now waling in his moccasins."
You may accept, counter, or reject the counter offer. The seller will give a prescribed amount of time to respond. If you accept the counter offer then you have agreed to buy the home on the new counter offered terms. If you decide to counter back, then you are again making an offer back to the seller as you previously did.
A word of caution: There is a point of diminishing return reached very quickly when too many counter offers are shot back and forth. Primarily due to exasperation and the fact that the process is so emotional for both, more than one or two counter offers generally result in a failed attempt to reach an agreement.
If there is anything we can do to help you in the field of real estate please stop in at EILEEN M. DAY, Realtor, the Clopton House, Washington, Va., 22747. Phone 675-3033, We're here to help.
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