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Jim Ronding, REALTORŪ, real estate agent and broker for Duluth, Minnesota and Superior Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)









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Duluth, Minnesota and Superior, Wisconsin real estate listings, home buying, selling and homes for sale in Minnesota - NUMBER1EXPERT(tm)

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Real Estate Tips
Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Real Estate Trivia
Q 
What was a sure way to accumulate wealth through the 1970s and early 1980s?

A 
Many people made their fortunes in real estate during this period.
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Jim Ronding, REALTORŪ, real estate agent and broker for Duluth, Minnesota and Superior Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)

The Ronding Team
RE/MAX 1

2911 Tower Avenue, Suite 2
Superior, WI 54880
Direct: 218-348-SOLD (7653)
Superior, WI Office: 715-392-1111
Duluth, MN Office: 218-722-2810
JimRonding@NUMBER1EXPERT.com

Jim Ronding has been a professional full-time Realtor for over 22 years in the Twin Ports area. Jim has consistently ranked in the top 5% of real estate agents nationally in terms of number of homes sold. Jim, along with the wonderful support of his staff, and RE/MAX 1, will make your next move your smoothest transaction yet! Guaranteed!

CRS Equal Housing GRI MLS REALTOR


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