Smoother Process: This focused negotiation often leads to a smoother transaction and potentially a better deal for you.
Focused Negotiation: A counteroffer indicates the seller is keen on negotiating with you specifically, rather than considering multiple buyers.
Less Competition: It suggests there isn’t a bidding war, reducing pressure and competition for the property.
Better Leverage: With no other offers, you have more leverage, enhancing your chances of getting the property at a favorable price.
Seller’s Commitment: The counteroffer shows the seller’s seriousness about reaching an agreement, signaling their intent to make a deal.