You may have found your dream home but the problem is, you and the seller can’t seem to agree on a price. After you make an offer and find that the seller isn’t going to negotiate, you should use a few strategies to move past the home.
Even though it may be everything you wanted, sometimes a seller is going to be firm on a price. Rather than sulk over the home, make sure you’ve put your best offer on the table and try not to over-analyze the seller’s choice to reject it. Here are some tips for moving forward.
Avoid Trying to Analyze the Seller
You may be upset about having your offer rejected by the seller. Instead of over-analyzing their reasons, be sure to instead simply move on. There is no point in looking up a home’s sale history and tax records or discussing it with the sellers’ agent to get reasons. You don’t have time to try to figure out a seller’s reasoning because you need to move forward and look for something else.
Your Best Offer
If your first offer wasn’t your best offer because you were hoping to negotiate but the seller won’t budge, it may be a sign that they aren’t motivated to sell. You may be eager to purchase but the seller may be stalling to sell.
Typically a seller will come back with a counteroffer, so if they aren’t responding or the counteroffer is awful, it’s time to move on. Make your maximum offer immediately and have it writing and then if they don’t respond, look elsewhere.
Use the experience as a lesson learned and become a savvier buyer. It’s a personal and emotional purchase so it can be easy to get hung up on one house. Try to move forward and find a home and seller that are easier to work with. Next time you and your agent may learn how to deal with unmotivated sellers better.
Kris Lindahl Real Estate