Invest Realty Group's Blog
What happens if you receive an offer on your home that fails to meet your expectations? Ultimately, you may want to decline the offer. But before you do, there are several questions you'll want to consider, including:
1. Is the offer "fair"?
Let's face it – one home seller's definition of a "fair" offer may differ from another's. However, an informed home seller will be able to differentiate a "lowball" offer from a strong proposal.
A lowball offer typically fails to account for a home's condition and the current state of the housing market. As such, this proposal may fall far below a home seller's initial asking price.
On the other hand, a strong proposal may meet or surpass a home seller's initial asking price. This offer likely accounts for a home's strengths and weaknesses, along with the needs of both the homebuyer and home seller.
2. Are there any other offers on the table?
If you receive an offer on your home, you'll probably have one to two days to decide how to proceed. And if you have multiple offers in hand, you likely have a lot to think about in a short period of time.
In some cases, the best offer is not necessarily the highest offer, and for good reason.
For instance, a homebuyer may submit an offer on a home that exceeds a home seller's initial asking price. But if this homebuyer has not been pre-approved for a mortgage, they will likely need to obtain financing to proceed with a home purchase.
Conversely, a homebuyer who has been pre-approved for a mortgage knows exactly how much money is at their disposal. When this homebuyer submits an offer, they may be better equipped than other homebuyers to acquire a residence.
3. Can I afford to be patient?
Consider your timeline as you debate whether to decline an offer.
If you're in no rush to sell your home, you can afford to be patient with offers on your house. Or, if you want to relocate to a new address as soon as possible, you should price your home aggressively from the get-go.
4. If I decline an offer, what will happen next?
After you decline an offer on your home, the homebuyer has the option to submit a new proposal or move on to other houses.
As a home seller, it is important to take an informed approach to home offers. With a real estate agent at your side, you should have no trouble making the best decisions on any proposals.
A real estate agent understands the ins and outs of the housing market and can help you evaluate all offers on your residence. They can provide you with honest, unbiased real estate recommendations and ensure you can get the best results during the home selling journey.
Collaborate with a real estate agent – you'll be glad you did. A real estate agent will enable you to evaluate home proposals and maximize the value of your house.
9 Strawberry Bank Rd, Nashua, NH 03062
Although smartphones make it easier than ever to relay a message across the household, listen to videos and blast your tunes, they simply don’t compare to a fully integrated speaker and intercom system. Although home intercoms might seem like a blast from the past, they are back and better than ever. And as a perfect complement to their key functions, whole house speaker systems have improved by leaps and bounds, creating the ideal setup for your new home.
How Do Smart Intercoms and Speakers Work?
Smart speaker and intercom systems often use a hub in each room to relay messages from one party to another. Beyond that, they often have many other speakers situated around the room if surround sound is a priority. Otherwise, the room may only use the single speaker in the hub for all your messaging and entertainment needs.
Many of these systems are voice controlled, so you can ask to speak to someone in a different room, play your music or even hear about the weather without having to click a button. If you have many speakers set up in the room, you can even use them to funnel the sound from your stereo, TV or other devices as needed to stay well entertained.
Intercom and Smart Speaker Benefits
With an intercom and smart speaker system installed in your home, you can improve communication in your household while staying well entertained at all times.
Keep the Din Down
If your household is decorated by the sound of everyone yelling across the house to share info with each other, then an intercom system will make a huge difference in your day-to-day life. You just have to let the system know you want to chat with someone in another room, and it will create a connection between you both. Then, you just have to talk at a normal level to get your message across – all without having to get up from the couch.
Have Quick Convos
If you prefer to track down your loved ones to have conversations face to face, you likely waste a lot of time running back and forth across your house. You can skip that by jumping on the intercom and letting them know just what you need to discuss. With that, you can turn a 10-minute ordeal into a quick conversation and move on with your daily activities.
Add to the Ambiance
As you pipe music into any given room in your home, you can greatly improve its ambiance. All you have to do is let the system know what you want to play, and it’ll get to work in setting the right mood. You can have your smart speakers play upbeat tunes to give everyone energy for the tasks ahead or downtempo beats that promote true relaxation well into the evening hours.
Get a Stress Relief Boost
Music is an excellent stress reliever that can help you settle down and put your problems to the side for a moment. And since it is so quick and easy to get the tunes going, you don’t have to do much beyond letting the system know it’s go time.
Upon enjoying all these benefits and many more, you’ll undoubtedly wonder just how you lived without smart intercoms and speakers in the past.
How to Start Using Your Speakers and Intercom
New home builders are putting smart speakers and intercoms in more houses than ever before. When you buy a home equipped with these systems, the seller will let you know how to use each function. You’ll also get a user manual that you’ll want to go through to figure out how to use all the unique features. Then, you just have to try it out to master the controls.
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