What is the bottom line in real estate?

What is a bottom line in real estate?

Q. How can Bottom Line Real Estate charge less than other brokerages to sell a home? A. Bottom Line Real Estate is a virtual real estate brokerage that functions just like a traditional brick-and-mortar brokerage but without the physical presence.

Should I tell my Realtor my bottom line?

While interviewing multiple real estate agents to find an agent to sell your home, you should never tell those agents anything you wouldn’t want the buyer to know. … Imagine trying to negotiate with a buyer that already knows your bottom line and desperation to sell before he ever sets foot in your house.

What is a bottom line offer?

The bottom line is meant to act as the final barrier where a negotiation will not proceed further. It is a means to defend oneself against the pressure and temptation that is often exerted on a negotiator to conclude an agreement that is self defeating.

What does the bottom line mean in business?

The bottom line is a company’s net income, or the “bottom” figure on a company’s income statement. More specifically, the bottom line is a company’s income after all expenses have been deducted from revenues. … A company’s bottom line can also be referred to as net earnings or net profits.

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What should I not tell a real estate agent?

Ross says there are three things you never need to disclose with your real estate agent:

  • Your income. “Agents only need to know how much you are qualified to borrow. …
  • How much you have in the bank. “This is for your lender to know, not your real estate agent,” he adds.
  • Your personal and professional relationships.

What is a bottom line price?

Bottom-line sale pricing means that the figure you see on the price tag is the actual worth of the vehicle—no markups, no hidden fees. … That’s right—instead of marking up, we take money off the sticker price for you!

Can you put an offer on a house that already has an offer?

You can make an offer on a house that already has an offer, provided the executed contract has not been signed. You can also have an offer accepted in this situation, or ask the seller if they could put your on their back up list.

What is the bottom line in negotiations?

The bottom line is meant to act as the final barrier where a negotiation will not proceed further. It is a means to defend oneself against the pressure and temptation that is often exerted on a negotiator to conclude an agreement that is self-defeating.

What is bottom line in mediation?

Avoid describing your offer as your last offer or “bottom line”. This approach can close the door even if the other side counters with something very close to what you’d be willing to accept. If you are not prepared to eat your words you could miss out on a settlement.

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What is fallback position in negotiation?

A fallback position

If you are trying to sell a house and have already been given an offer … below what you want to sell it for, you have got that alternative to move towards if you don’t get a negotiated agreement.”

What does the phrase the bottom line mean?

The bottom line refers to a company’s earnings, profit, net income, or earnings per share (EPS). … The term “bottom line” is commonly used in reference to any actions that may increase or decrease net earnings or a company’s overall profit.

Why is bottom line important?

The Bottom Line on the Bottom Line

It is an important indicator of overall conditions in the company’s target markets. It is also a barometer of management’s effectiveness in selecting strategies, investing in products and services, marketing, and cost control.

What is another word for bottom line?

In this page you can discover 31 synonyms, antonyms, idiomatic expressions, and related words for bottom line, like: final decision, the-bottom-line, main idea, RightNow, point, last-word, net income, crux, conclusion, fundamentals and essence.