Austin, Westlake Hills and Lake Travis Texas real estate listings, home buying, selling and relocation information

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For Sellers: Austin, Westlake Hills and Lake Travis Texas home buying, real estate listings, and homes for sale in Travsi County, TX

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Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Q	In what area of the United States did the price of existing homes increase most dramatically in 2005?
A	Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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Gary Toussaint, REALTORŽ, real estate agent and broker for Austin, Westlake Hills and Lake Travis Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Gary Toussaint
Toussaint Realty
P.O. Box 342091
Austin, TX. 78734
Office: 512-263-7550
Cell: 512-751-3292
Fax: 512-532-0800
Email: Gary@ToussaintRealty.com
Gary has been a full time Realtor in Austin since early 1993 when he retired from IBM. Since that time he has established an enviable record as a top producer in the Austin real estate community and has a reputation for going the extra mile to see that his clients receive the finest service available. Gary specializes in homes in the Eanes and Lake Travis school districts, but also works regularly in most parts of Austin, Round Rock and Cedar Park. He is a Broker, Certified Residential Specialist, Accredited Buyer's Representative, and e-PRO. Gary provides a full range of services, including Buyer Representation. Whether buying, selling, or relocating, you can count on Gary to provide the expertise, commitment, and results that you want. Call or e-mail him today.

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