Ellicottville real estate and homes for sale in New York, resort properties, vacation homes - Larry and Louise Oeffling, REALTORS® Larry and Louise Oeffling REALTORS(r) for Ellicottville, New York real estate, resort properties, vacation homes - NUMBER1EXPERTS™ Larry and Louise Oeffling NUMBER1EXPERTS(tm) for Ellicottville, New York real estate, resort properties, vacation homes

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Larry and Louise Oeffling, REALTORŪ, real estate agents and broker for Ellicottville New York home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Accepting An Offer >Responding to Low Offers

The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.

Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.

The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.

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Real Estate Trivia
Q 
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?

A 
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.
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Larry and Louise Oeffling, REALTORŪ, real estate agents and broker for Ellicottville New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Larry Oeffling
Ellicottville Real Estate

22 Washington Street
PO Box 1970
Ellicottville. NY 14731
Office: 716-699-6748
Fax: 888-569-8667
Email: LarryandLouise@NUMBER1EXPERT.com
Larry: Larry@ellicottvillerealestate.com
Louise: Louise@ellicottvillerealestate.com

Larry and Louise Oeffling are proud to announce the revival of THE ORIGINAL real estate company in Ellicottville, simply called Ellicottville Real Estate. We are now in our new downtown location at 22 Washington right between the Gin Mill and Earth Arts. Stop in to see us. Ask us anything about real estate. We'll help you!

Equal Housing MLS REALTOR



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