Negotiations In A Slow Market

What is considered a 'reasonable offer'?

A reasonable offer is an offer that a seller will either accept, or at least counteroffer and at the same time is above the seller's bottom line.

Is accepting an offer on my house the end of the negotiations?

Accepting an offer on your home is definitely not the end of negotiations. That really starts the procedure. Escrow opens, the buyer then goes in and does his physical inspection. Through the physical inspection the buyer may find several issues with the home which then would start new negotiations. Whether it be plumbing, foundation or roof issues, that's basically the second phase of the deal.

When comparing offers for my house, is price all that matters?

When comparing offers on your home, price is not the only issue, you really need to look at the buyer's financing, whether he's 100% financing, 20% down, or maybe all cash. Contingencies are huge, and really make a lot of sense in the deal. Also, if he's selling or not selling a home, is he a first time buyer, is he a seasoned buyer? It's really going to make a difference in the transaction how they handle themselves. Also, who's their real estate agent.