Leanne,
From past experience in selling a homes, your first offer is usually always the best offer. You know the old saying "A bird in the hand is worth two in the bush". To get an offer today $10K under asking is a great offer! I would work out the difference with the closing date and maybe meet the buyer in the middle. Congratulations on getting an offer!

Leanne,

It sounds like you are very close to having a sale.....our recommendation is to proceed carefully to not do anything to upset the balance of this deal. This is not the type of market you should be fooling around with a serious buyer, taking chances that may push them along to a different opportunity.

Whatever it is that you are looking for should be weighed in with .....is this worth loosing a sale about.

If you decide to present a counter to the customer be sure it is done so in the "softest" of manners. It should be presented delicately and tactfully .....

Good luck

We are not having all the answers, and the price of an offer is not always all there is to it, financing terms of the seller may be, and you have not yet gone through inspection.... so you do not know what could be there, althoug relatively new home!

Are you selling on your own or with a Realtor? i.e. do you have a listing agent....
He or she should have some recommendations and suggestions for you.

In general terms, often Sellers make the mistake of thinking or it has not been on the market for long, and may be I can get more money and they do not accept or through negotiations bring that first offer to contract, because they think they can get a bit more money another 3000 or 5000 $..... often though down the road, no new offers are presented, or they are lower and at the end often the seller will accept another offer for much less than that first one. I am not saying that this will happen to you, just that it could.

So the other part is many homes are sitting for many months on the market with few showings and no offers, so given the economy, if this buyer is a solid buyer, i.e. good down payment etc. and pre-approved by a good lender/bank and the 10,000 are a relative small percentage of the total sale price, you may should just go for it......

Good Luck
Edith

Unless this is a high percentage of your asking price - take the offer.
Good luck!
Jackie

First, what does your Realtor say? You don't mention if you are selling it yourself or with an Realtor.

It depends on how long your home has been for sale. Today, depending on the price of the home, this would be something I would suggest to take. This also depends on the other contingencies in the offer. Is it high risk or low risk? Your location sounds like you might not get anything better.

The market price is what the market bares. In this case this buyer, who will close in 30days, believes it to be worth $10K less than what you are asking. Also, are you financially able to take this offer? Good things to know.

I would suggest to take it with the limited knowledge that I have, but it depends on how risk averse you are:) Good luck!

I would take the offer. Nobody so far has asked you what where you asking for your home. If the $ 10,000 represent 25% of the total value of your home I would hesitate, but if it is only 5% or 10% of the whole value then I would take the offer; mostly because they are allowing you to vacate the home when you want to and even more important because many buyers would avoid the busy road due to the noise factor. Good luck

I would first ask how many homes in your area (right around your) are for sale. And how long have they been on the market? If you need to sell and you are happy with the amount of money you will get then it is a good deal for you. It is a personal issue. If you turn it down and they walk away is it OK with you if you sit on the market. It is all what you need to do. No one can tell you what is best for you. No one knows what tomorrow will bring? No one knows but you. So think before you say yes or no. It is like a game of cards you don't know if you should hold them or walk away.

GREAT QUESTION:

SUGGESTIONS:
1) Have your listing agent contact their buyers agent determine if they can get a feel of buyer going up
2) Can you both split $10K - buyer goes up $5k you lower price $5k
RECOMMEND: always rule of thumb if you get an offer usually 1st offer is the best offer, especially in todays times where you can move on with your life or still risk trying to find another qualified buyer. If home close to busy road negative issue with many buyers

GOOD LUCK