What if Your Offer is Rejected from the Seller?

What to do when the seller rejects your offer

Everything is negotiable. Use your agent’s expertise to review a rejected offer to consider what options you are comfortable negotiating.

Putting an offer on a home is very exciting and stressful. You’ve spent countless hours searching and seeing house after house until you found what you thought would be the place you call home. You talked with your real estate agent, and all your finances are in order. The offer went in, and you waited what seemed to take forever, the offer is rejected from the seller. What?!? Now what are you supposed to do? Well here are some steps to take after your offer is rejected.

Make Your Best Offer

Most people do not provide the maximum they can afford right off the bat. Maybe you held off to leave room for negotiations. If the sellers feel lowballed and rejected the offer, try again. But if they keep responding with a no, or they come back with what you feel is a bad counter offer, then maybe this house isn’t meant to be. Be sure to talk to your agent about your strategy before you just decide to offer your maximum.

Don’t Take it Personally

There could be numerous reason as to why the seller rejected your offer. They received a higher offer; their expectations were unreasonable, you asked for too many concessions, they feel the offer is too low, and the list could go on and on. It’s easy to obsess over the possible reasons the seller rejected your offer but don’t take it personally. No matter the reason, the seller didn’t reject it out of spite. They are making the best decisions for them. Just keep that in mind.

Do Keep Looking

It’s understandable if you have some emotional attachment to the house. It happens all the time, especially if this your first time home buying experience. Buying a home does take time and not all houses are meant to be your home. At the end of the day, there is not much you can do when the sellers won’t accept or negotiate with you. Learn from the experience and continue to look for your dream home, because no matter how much you thought this was supposed to be your home the right one is out there.

If you need help and advice for looking for a home, please contact J.J Fegan today.

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J.J. FEGAN

RE/MAX LEADING EDGE
303 EDGEWATER DR.
EDGEWATER, MD 21037
Cell: (410) 353-0956
Office: (410) 956-3500

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