Loading ...
Ian Watt Personal Real Estate Corporation - Sotheby's International Realty Canada

Blog by Ian Watt

<< back to article list

Don't Get Upset or Insulted about a LowBall Offer on Your Condo

Vancouver Condo Real Estate Video Blog #311 - May 6, 2009

Don't Get Upset or Insulted about a LowBall Offer on Your Condo

Ian Watt video blogs about not getting upset about receiving a lowball offer. Its just part of the process and to the purchasers your Vancouver condo is not a home its just a product that the buyers are trying to purchase as cheaply as possible. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

Ian Watt: Hi good afternoon. It's Ian Watt in Downtown Vancouver. I had an offer coming over the weekend and it was a little bit lower than my client had expected. And she was a little bit insulted. Now don't take offers personally. They are not personal at all. It's all about dollar and cents, you're home is not a home to them. It is just a product. And they're trying to buy that product at the cheapest possible. That's what I explained to her she got it, she's okay now. But when you put your property up for sale, expect low ball offers. People still think its a complete buyers market. And its changed quite a bit it's a little bit more balanced than it was a month or two ago. So people are still trying to lowball but its not a big deal. Just take it as a part of the process. My name is Ian Watt. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!