How to Handle Low-Ball Offers When Selling Your Home in Madison, Wisconsin

by John Reuter

 

You’ve prepped your home, set the price, and waited for the right buyer. Then it happens—a low-ball offer hits your inbox.

It’s frustrating. It can even feel insulting. But before you reject it on principle, take a deep breath. In today’s shifting market, especially in Madison, the right response could turn a low offer into a great deal.

Let’s break it down based on your price point—and how you can stay in control during negotiations.


🧠 Step 1: Don’t Take It Personally

This is key. Real estate is emotional—especially when you’ve put time, money, and memories into your home. But buyers may simply be testing the waters or working with outdated data.

Think of a low offer as a conversation starter—not an insult.


📊 Step 2: Know the Market—It Matters

Understanding inventory levels is crucial for setting expectations and response strategies.

  • Under $700,000
    Homes in this range are still in high demand, with just 1.2 to 1.8 months of inventory. That means sellers have the upper hand. If you’re priced right, you can afford to wait—or counter confidently.

  • Over $700,000
    This is a very different market. With nearly 10 months of inventory, it’s more of a buyer’s market. You’ll need to be more flexible and realistic about negotiations, even if your home is move-in ready.


🧾 Step 3: Always Respond—Even If It’s Just a Counter

Even if an offer is way below list price, don’t shut the door. Many buyers are seeing what kind of deal they can get—but they may be willing to meet you in the middle.

A simple counter offer at or near your list price sends the message: We’re open to talking, but we know our value.

Bonus Tip: Sometimes including comps with your counter offer (especially if you're in that over $700K range) can help educate buyers who may not understand Madison’s pricing.


💬 Step 4: Work with an Agent Who Knows the Local Dynamics

Your Realtor should know which homes in Madison are sitting—and which are flying off the market. This kind of local insight helps you craft the right response depending on your price point and timeline.

“In a market like Madison, strategy matters. I’ve helped sellers turn what looked like a lost offer into a strong sale just by knowing how to counter and when to hold firm.” — John Reuter, Integrity Homes


🤝 Step 5: Consider the Terms—Not Just the Price

A low purchase price might come with great terms:

  • Cash offer with fast closing

  • No inspection contingency

  • Flexible closing date

  • Fewer seller concessions

In Madison’s high-end market, fewer contingencies can often make a low offer net out better than a higher offer with strings attached.


📝 Final Thoughts: Stay Patient, Stay Smart

Low-ball offers are part of the selling process—especially when buyers are watching interest rates and market shifts closely.

In Madison, if your home is under $700,000, you’re in a strong position to wait for the right buyer. If you’re over $700,000, you may need to play the long game, especially if your home has niche features or luxury finishes.

Either way, don’t let a low offer shake your confidence. With the right guidance, negotiation strategy, and knowledge of your market, you’ll come out ahead.


Thinking of selling in Madison?
Let’s talk strategy and timing. Whether you’re priced at $500K or $900K, I’ll guide you through every offer and help you make smart, confident decisions.

📞 Call or text: 608.669.4226
📧 Email: john@integrityhomeswi.com
🌐 www.integrityhomeswi.com

 

Real Broker

GET MORE INFORMATION

agent

John Reuter

Broker Associate | License ID: 58480-90

+1(608) 669-4226

Name
Phone*
Message