Darlene Alferes - New Bedford, MA Real Estate, Fairhaven, MA Real Estate, Dartmouth, MA Real Estate


This Single-Family in New Bedford, MA recently sold for $224,000. This Cape style home was sold by Darlene Alferes - Alferes Realty, Inc.


80 Felton Street, New Bedford, MA 02745

Single-Family

$219,900
Price
$224,000
Sale Price

4
Rooms
2
Beds
2
Baths
Cute as a button 2 bedroom home. Very well maintained with 5 year old roof, replacement windows, vinyl siding, and recent furnace. Also features spacious eat-in kitchen, Hardwood floors under carpeting, large master bedroom, professionally landscaped with beautiful gazebo, patio, vinyl fence and carport. Complete one level living with handicap accessible bathroom and laundry hook-ups on first floor.

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Shopping for a home is a long, arduous process. When you finally find one that you love, think you can afford, and spend the time to formulate an offer, it can be crushing when your offer is rejected.

However, getting rejected is simply part of the process. If you’ve ever applied to college, you might be familiar with this process. You send out applications that you poured your heart and soul into. Sometimes to get accepted, other times you don’t.

Making an offer on a home comes with one big advantage over those college applications, however--the opportunity to negotiate. As long as the house is still on the market after your offer is rejected, you’re still in the game.

In this article, we’re going to talk you through what to do when your offer is rejected so you can reformulate your plan and make the best decision as to moving forward.

1. Don’t sweat it

One of the most common fallacies we fall into as humans is to think the outcome is worse than it really is. First, remember that there are most likely other houses out there that are as good if not better than the one you are bidding on, even if they’re not for sale at this moment.

Next, consider the rejection as simply part of the negotiation process. Most people are turned off by rejection. However, you can learn a lot when a seller says no. In many cases, you can take what you learned and return to the drawing board to come up with a better offer.

Don’t spend too much time scrutinizing the seller’s decision. Ninety-nine percent of the time their decision isn’t personal. You simply haven’t met the pricing or contractual requirements that they and their agent have decided on.

2. Reconsider your offer

Now it’s time to start thinking about a second offer. If the seller didn’t respond with a counteroffer it can mean one of two things. First, they might be considering other buyers who have gotten closer to their requirements. Alternatively, your offer may have been too low or have had too many contingencies for them to consider.

Regardless, a flat-out rejection usually means changes need to be made before following up.

3. Making a new offer

This is your chance to take what you learned and apply it to your new offer. Make sure you meet the following prerequisites before sending out your next offer:

  • Double check your financing. Understand your spending limits, both on paper and in terms of what you’re comfortable spending.

  • Check comparable houses. If houses in the neighborhood are selling for more than they were when the house was previously listed, the seller might be compensating for that change.

  • Make sure you’re pre-approved. Your offer will be taken more seriously if you have the bank’s approval.

  • Remove unnecessary contingencies. It’s a seller’s market. Having a complicated contract will make sellers less likely to consider your offer.

4. Move on with confidence

Sometimes you just can’t make it up to the seller’s price point. Other times the seller just can’t come to terms with a reasonable price for their home. Regardless, don’t waste too much time negotiating and renegotiating. Take what you learned from this experience and use it toward the next house negotiation--it will be here sooner than you think!


This Single-Family in Plymouth, MA recently sold for $525,000. This Contemporary style home was sold by Darlene Alferes - Alferes Realty, Inc.


185 Black Cat Rd, Plymouth, MA 02360

Billington Sea

Single-Family

$540,000
Price
$525,000
Sale Price

5
Rooms
3
Beds
1
Baths
ONE OF A KIND! This Realtor-owned post & beam contemporary home sits high on a hill at the end of a 2,000 foot driveway, with *spectacular* water views of Briggs Reservoir and the adjacent cranberry bog. The seclusion & privacy are amazing! We can only see 1 other home from ours and that's about 2,500 feet away! It features a completely open floor plan from the kitchen to the dining area and living room. The home is in the midst of 5 acres of forest, surrounded by 50 acres of conservation land. There are both private and public walking trails. Barn #1 and a studio building are 150' from the home. Equestrians! 300' away from the home is Barn #2 with a hay loft, 2 stables and a paddock - and 48 OWNED solar panels. The sellers spent $746.61 for heat and electricity combined in the last 12 months.The sellers will transfer the remaining balance (over $17,000) in SREC credits to the buyer. If you're looking for an amazing home in the forest, this just might be the one for you!

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This Single-Family in Dartmouth, MA recently sold for $360,000. This Ranch style home was sold by Darlene Alferes - Alferes Realty, Inc.


27 Kevin Drive, Dartmouth, MA 02747

Single-Family

$365,000
Price
$360,000
Sale Price

6
Rooms
3
Beds
1/1
Full/Half Baths
Back on market (financing fell through ) Dartmouth-ranch in great neighborhood, 3 bedrooms, 1.5 baths, large dining/family room addition w/cathedral ceilings, skylights, hardwood floors throughout, irrigation, vinyl siding, alarm system, partially finished basement and attached 2 car garage. Don't miss out on this desirable one level home for $365,000. (R215)

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150 Windward Way, Swansea, MA 02777

Single-Family

$479,900
Price

8
Rooms
3
Beds
2/1
Full/Half Baths
Enjoy this new Colonial in Touisset Woods. Nothing to do but move in. All extras already completed! Many custom features and upgrades in this beautiful home: Custom built-ins, laundry room, bookcases and mudroom. Also lighting, flooring, fixtures, back splash, hardware, closets, garage, bathrooms, mirrors, blinds and more. Open living room w/gas fireplace, dining area, kitchen w/large island for more seating, formal dining room w/tray ceiling, 1/2 bath w/laundry all on 1st floor. 2nd floor large master w/2 walk-in closets, master bath, 2 additional bedrooms and full bath. Lower level 2 car garage, custom mudroom and plenty of extra space for office or rec room w/walk out. Very few new homes are available in this price range! Don't miss out! $479,900 (R198)
Open House
Saturday
December 07 at 10:30 AM to 12:00 PM
Cannot make the Open Houses?
Location: 150 Windward Way, Swansea, MA 02777    Get Directions

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