In my opinion, I don’t know why sellers get offended by offers. If they don’t like the offer, all they have to do is say no. When I am a seller, I encourage the brokers to get their buyer clients to make any offer. One never knows. I have seen a buyer make a $500K offer on a $1MM property and instead of getting in a huff and puff, the seller simply gave a minor counter-$995K-and then eventually the deal was settled at $975K. Offers are a good thing, not bad, so sellers take advantage. On the same token, buyers in this market should not hesitate to make offers. Although it is rare, I am seeing some properties trade at up to 35% discounts off their asking prices. If you see a Nantucket property or properties that you like, there is no time like the present to make an offer-the worse the Seller can do is say no…
Don’t be afraid to make an offer…
