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Accepting An Offer >Responding to Low Offers

The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.

Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.

The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.

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Q	What structure is regarded as the best surviving example of Pennsylvania Dutch architecture?
A	The Georg Muller House in Milbach, PA, built in 1752.
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Joanne Hoye and John Hoye, REALTORŽ, real estate agents and broker for Greater Hartford, West Hartford and Farmington Valley Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Joanne Hoye and John Hoye
Prudential Connecticut Realty
1000 Farmington Ave
West Hartford, CT 06107
(P): 860-561-8007
(F): 860-233-7313
(E) : jhoye@snet.net
JOANNE HOYE is a 4th Generation real estate professional in Hartford area. She has 30+ years of experience in both buying and selling Real Estate. She works in all markets from starter homes to luxury properties and handles all phases of new construction and land development as well. In addition she markets antique properties! She is a Certified Residential Broker who is a consistent top producer. She has won the following awards: Outstanding Customer Service Award, Prudential Chairman's Club Award and Top Producer Award for Greater Hartford Board. She provides excellent service and gets results for you.!.........JOHN HOYE is a 5th Generation real estate professional in Hartford area, providing outstanding service dedicated to meeting your Real Estate needs. He has 8 years experience buying and selling Real Estate and is the winner of Prudential Chairman's Club Award. Like Joanne he too works in all markets from starter homes to luxury properties. Prudential Connecticut Realty is an independently owned and operated member of The Prudential Real Estate Affiliates Inc., and Prudential is a service mark of The Prudential Insurance Company of America.

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