Reasons sellers avoid homeowners offer

Augusta

VIP Contributor
As a home owner your home purchase offer can be rejected, it does happened to different people at different times. it is to find out what happened or the reasons behind such rejection

Most times it is most likely for a reason involving money. This could be that your offer price may have been too low or maybe too high. So you need to find out by them the issue to resolve and get your offers accepted by at least one seller.

Another reason may just be that they have received a better offer. So you need to make your offer attractive

Again, the listing agreement commission might have been too low for them. They might reject such offer.
 

King bell

VIP Contributor
A homeowner’s offer may be rejected by sellers when selling a property for different reasons. Such instances consist of low price offer, contingencies, financial capacity, unrealistic terms, lack of earnest money and closing timeline, personal connection, communication issues, multiple offers and legal or contractual concerns. Sellers might be reluctant to accept deals with many contingencies like home inspections, financing or sale of the buyer’s current residence. Financial qualifications can also come into play. Unrealistic conditions such as short closing periods or extensive repairs without negotiation are less attractive. Other factors that may make sellers hesitant include emotional attachment to their property, communication-related challenges, multiple offers or legal/contractual issues arising from transactions in real estate sector. This understanding will help homeowners make their offers more appealing to increase chances of successful real estate purchase agreements.
 
Top