The most prestigious law school admissions discussion board in the world.
|
 |
 
|
So here's what happened with our offer (home purchase)
Poast new message in this thread
Date: January 26th, 2018 12:19 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Home we were looking at buying has been on the market for about 3 months. We went in about 12% below asking with our initial offer. They responded that it was far too low and they wouldn't even bother with a counteroffer. Our agent said her overall impression is that the sellers have an unrealistic concept of the value of the property.
So now we are stuck. Not really willing to pay more than it's worth. |
 |
Date: January 26th, 2018 5:25 PM Author: insanely creepy french chef keepsake machete PROLE TELL: Arguing over $30k. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35247447) |
Date: January 26th, 2018 12:19 AM Author: Razzle-dazzle church building You lowballed them and got burned for it. What did you expect? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241236) |
|
Date: January 26th, 2018 12:22 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask I mean, this is what I was asking xo about. If a property sits on the market for ~3 months with 0 offers, and this is generally a hot market in a small area so you know people have seen it, is ~10% below asking a reasonable way to go?
Based on our agent's advice and the comparables, we went in about 10K below what the property is worth, which is a negligible amount. |
|
Date: January 26th, 2018 12:26 AM Author: Racy outnumbered giraffe You were being reasonable. People are retarded when it comes to the value of their homes. They probably put in 100k of shitty upgrades that don't even look good together and expect that they should be able to recoup that "investment" plus some. Fuck them, shit on their porch. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241286) |
|
Date: January 26th, 2018 12:36 AM Author: Lascivious Associate Range (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241358) |
|
Date: January 26th, 2018 1:11 AM Author: Bistre Nudist People Who Are Hurt (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241589) |
|
Date: January 26th, 2018 7:36 AM Author: fragrant institution mexican (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242318) |
|
Date: January 26th, 2018 3:56 PM Author: transparent odious persian feces (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246507) |
|
Date: January 26th, 2018 5:04 PM Author: trip menage faggot firefighter (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35247221) |
|
Date: January 26th, 2018 8:51 PM Author: Gay abusive sneaky criminal (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35248857) |
|
Date: January 26th, 2018 12:19 AM Author: gaped talented mediation church Look for another home. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241238) |
|
Date: January 26th, 2018 12:26 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask yeah that is likely what we will do. It's a shame though because I think this house was a good fit for us. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241287) |
|
Date: January 26th, 2018 12:39 AM Author: gaped talented mediation church then why the fuck did you underbid by 12%? are you jewish? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241370) |
|
Date: January 26th, 2018 12:42 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Because I'm not paying more than the property is worth. It's not "underbid" by 12%. The property clearly isnt worth what they are asking. Are we supposed to go in and blindly pay the asking price because we like the home? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241397) |
|
Date: January 26th, 2018 12:20 AM Author: sapphire slimy travel guidebook partner That seems offensively low for just three months tbh (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241239) |
|
Date: January 26th, 2018 12:20 AM Author: Glassy pistol (real estate agent) (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241246) |
|
Date: January 26th, 2018 12:24 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask You think 10% below asking is too low if the home was 3 months on the market with 0 offers? Honest question here. do small numbers like 5% really make that big of a difference? This is an area where "well priced" homes are getting 10-12 offers after their first open house. Would those same homes really be sitting on the market for three months if they were priced just 5% more? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241268) |
|
Date: January 26th, 2018 12:25 AM Author: Lake blathering turdskin azn This reasoning is too simplistic esp with a trailing 3 month period of nov-Jan (holidays) (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241279) |
|
Date: January 26th, 2018 12:25 AM Author: sapphire slimy travel guidebook partner I think 9% below would have gotten a less harsh reaction, going over 10% looks bad (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241282) |
|
Date: January 26th, 2018 12:27 AM Author: Racy outnumbered giraffe They needed to be humiliated for being boomer faggots wasting their agents' and buyers' time. OP should keep sending lower and lower offers. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241294) |
|
Date: January 26th, 2018 12:29 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask lmao i kind of like that
"based on the rising interest rates..." |
|
Date: January 26th, 2018 1:03 AM Author: Beta Provocative House Selfie (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241539) |
|
Date: January 26th, 2018 6:24 AM Author: curious opaque hall (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242252) |
|
Date: January 26th, 2018 8:56 AM Author: Milky Naked School Cafeteria (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242482) |
|
Date: January 26th, 2018 12:29 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask I mean, we expected to agree at a price that was around that. But the initial offer is not the final offer, so we were angling to give ourselves room to negotiate. Tbh it sounds like they are not willing to be reasonable at this time.
We'll probably tell them to let us know if they change their mind later but the interest rates arent exactly getting any lower. Ugh. |
|
Date: January 26th, 2018 12:31 AM Author: Multi-colored ebony box office becky 10 or 12% off the price of anything seems fine to me. The concept of an insulting offer is pure retardation. You put it out to the world you're selling, so when u have an interested buyer you fucking counter. It takes what, a 3 minute phone call to their agent? If you don't make a deal you've lost a few minutes of time and move on. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241327) |
|
Date: January 26th, 2018 12:33 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Yeah that's the other thing. They LITERALLY refused to counter. And it's not like we went in 20% under or something crazy like that. It was just over 10% below asking for a property that's been sitting on the market forever. Who the fuck refuses to counter?
|
|
Date: January 26th, 2018 12:35 AM Author: Multi-colored ebony box office becky I'm with you getting upset at an offer is dumb as fuck. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241355) |
|
Date: January 26th, 2018 12:46 AM Author: Lake blathering turdskin azn Agree with this if you opened around 10% below asking and it's been listed for 3 mos- as another poster said they're probably fixated on a number due to debt / reno costs / expected sale proceeds to fund their next home purchase etc (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241424) |
|
Date: January 26th, 2018 6:25 AM Author: curious opaque hall (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242253) |
|
Date: January 26th, 2018 12:58 AM Author: carnelian startling area Why not try 5%? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241489) |
|
Date: January 26th, 2018 4:27 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Because then I would be offering more than the property is worth. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246761) |
|
Date: January 26th, 2018 4:26 PM Author: Comical Puce Idiot Friendly Grandma In this market? No way. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246758) |
|
Date: January 26th, 2018 12:22 AM Author: Olive cuck temple arent there a thousand homes for sale. just find another (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241259) |
|
Date: January 26th, 2018 12:41 AM Author: gaped talented mediation church actually there aren't. nationwide, inventory is at all time low. it's a seller's market in much of the country right now. this makes the OP's lowball even more perplexing. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241384) |
|
Date: January 26th, 2018 12:22 AM Author: Lake blathering turdskin azn Fuck your agent what is it worth to you? Would it appraise accordingly based on comparables? If you don't know ppsf of this place and haven't been watching ppsf of every listed/contingent/closed comp you need to set some redfin alerts (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241260) |
|
Date: January 26th, 2018 12:24 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask According to our agent we went in about 10K below appraisal value. And we went in about 12% below asking. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241272) |
|
Date: January 26th, 2018 12:26 AM Author: Lake blathering turdskin azn You're relying a bit too much on the agent imo esp if you and seller are only around 10% apart and it's a tight market. Or by around 12% do you mean more like 15%? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241290) |
|
Date: January 26th, 2018 12:30 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask We are 10% apart. But literally the home will not appraise for what they are asking. Then what, we pay in cash to make up the difference? sounds like bs to me. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241319) |
|
Date: January 26th, 2018 12:44 AM Author: crimson cerebral hissy fit you terminate or ask them to lower to appraised value, but that's playing with fire because it may actually appraise higher and you may be stuck paying more than you want. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241407) |
|
Date: January 26th, 2018 12:46 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Well it depends on how we write up the contract but yeah, that is one of the suggestions our realtor made. She said make a higher offer and then put in a clause that would take it down to appraisal price. If they were willing to seriously negotiate it we would consider that. But they havent even given us a counteroffer, it's ridiculous. Like I am not going in at the price the house has been sitting on the market for three months with. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241425) |
|
Date: January 26th, 2018 1:02 AM Author: crimson cerebral hissy fit to be fair, nov-jan is notoriously slow, but i can't speak to your particular area (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241532) |
|
Date: January 26th, 2018 12:25 AM Author: Bateful Fluffy Water Buffalo sue your re agent for negligence and breach of fiduciary duty, use settlement money to add to your offer price. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241275) |
|
Date: January 26th, 2018 12:31 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask I like our agent. She was competent and showed us the specific comparables she used to arrive at her price estimate. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241323) |
|
Date: January 26th, 2018 12:32 AM Author: Bateful Fluffy Water Buffalo better than the home. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241330) |
|
Date: January 26th, 2018 12:37 AM Author: Olive cuck temple how much is the house listed for; median price for neighborhood? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241363) |
|
Date: January 26th, 2018 12:38 AM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Way below. But the house has huge negatives that account for this. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241368) |
|
Date: January 26th, 2018 12:47 AM Author: Big sickened pit liquid oxygen Falling in love with a specific single property is the worst thing you can do in real estate and the easiest way to self-screw. If the numbers don’t work for you, walk. Move on.
(Experience: bought several houses both primary residence and rentals; rejected many more when the numbers didn’t work. I get that you love it and it’s tough, but you gotta walk. Or put in a second offer for 3% higher but explain that’s it, if you like.) |
|
Date: January 26th, 2018 12:48 AM Author: dun faggotry site Your offer is fine. This is business, but they took it as some personal insult. The chances for sale won't improve for the owners when 650 more homes hit the market in your town in March. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241439) |
|
Date: January 26th, 2018 4:22 PM Author: Vigorous fuchsia cruise ship famous landscape painting (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246727) |
|
Date: January 26th, 2018 12:58 AM Author: Hyperactive location really tough guy Didn't you also demand they move some shit off the property? They may have just thought you are too much trouble to be worth it (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241490) |
|
Date: January 26th, 2018 1:00 AM Author: Lake blathering turdskin azn Oh yeah forgot they were demanding oil tank removal that's huge (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241506) |
|
Date: January 26th, 2018 1:05 AM Author: Lake blathering turdskin azn Changes everything said ITT imo. I wouldn't take that on either esp in winter.
A leaking tank may require environmental remediation of the surrounding soil and any nearby water sources if the tank held fuel. If the tank was damaged due to age, soil conditions or severe weather, it may cost more to remove. Remediation may cost $10,000 or more depending on the scope of the pollution.
https://www.homeadvisor.com/cost/plumbing/remove-a-water-or-fuel-storage-tank/ |
|
Date: January 26th, 2018 1:13 AM Author: Hyperactive location really tough guy plus, selling to a couple cranky lawyers they must be worried about lawsuits or other further complaints even after its removed. personally id turn down the offer too. if they want to remove the tank they can arrange for it after they buy. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241605) |
|
Date: January 26th, 2018 1:16 AM Author: Lake blathering turdskin azn Had a buyer do this with me once and I told them thanks but no thanks and GL...5-6 days later they caved and stayed in line for pretty much the rest of the deal after it was clear I wasn't renegotiating based on small shit in inspection or appraisal. With the oil tank I think both sides can reasonably disagree because of the hassle and uncertainty associated with removal and remediation (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241624) |
|
Date: January 26th, 2018 1:17 AM Author: Hyperactive location really tough guy well done (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241631) |
|
Date: January 26th, 2018 1:10 AM Author: wine thriller coffee pot useless brakes Your offer was fine.
You offer what the home is worth to you, they will hold out for what they think it is worth to them.
If somebody else overpays for the house, good for them, but it's no skin off your ass |
|
Date: January 26th, 2018 1:14 AM Author: Lake blathering turdskin azn Agree but otoh I've watched friends lose great deals on places trying to negotiate when they shouldnt have. In this case it seems fine bc the oil tank is the equivalent of a foundation issue (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241608) |
|
Date: January 26th, 2018 2:08 AM Author: Deep cocky station That's offensive and I kind of respect them pulling an alpha move and telling you to fuck off. It's a waste of their time and you were so far off the reservation that they knew dealing with you would be a nightmare. 10% is a shit ton to ask for in a house purchase; this isn't a pair of sneakers.
The cr strategy would be underbid by 5% and claim your offer is very time sensitive, or try to waive the fees.
By the way, you keep mentioning "what the house is worth" ITT. As much as zillow wants you to think there's a fair market MSRP for a house, that's not the case. Clearly, your issue is you don't know what the house is worth. Your agent sucks and you should fire them immediately for this. |
|
Date: January 26th, 2018 8:39 AM Author: vermilion judgmental hairy legs trust fund lmao at an offer being "offensive."
What if their listing price is too fucking high? Then just shrug your shoulders and say "welp, can't ask for more than a 7% discount, because that would be offensive." |
|
Date: January 26th, 2018 2:54 PM Author: Deep cocky station It's a negotiation and 12% is so far out of the ball park that it's offensive to even waste their time with it. There are other avenues to go if you think the listing price is too high but blindly submitting an offer for 12% less is retarded and of course OP got alpha'd. They clearly aren't as desperate as OP thinks and he's clearly wrong about what the house is worth. That much is clear from this thread (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246001) |
|
Date: January 26th, 2018 4:24 PM Author: Multi-colored ebony box office becky This is ridiculous. 12% off on a first offer is never a waste of time, for any purchase. Quit being an emotional little bitch about a financial transaction. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246744) |
|
Date: January 26th, 2018 3:10 AM Author: exhilarant trailer park Great display of a female pigeon brain ITT lmao (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35241981) |
|
Date: January 26th, 2018 7:29 AM Author: nofapping library goal in life Weren’t you trying to sell a house in the other thread too? What a coincidence. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242309) |
|
Date: January 26th, 2018 7:38 AM Author: cracking senate lol dumb fucking bitch (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242320) |
|
Date: January 26th, 2018 8:06 AM Author: violent onyx address affirmative action Walk away. When housing crashes again this house will be way underwater (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242382) |
|
Date: January 26th, 2018 8:25 AM Author: fighting chapel candlestick maker Being willing to walk is the easiest way to be a good negotiator. Convincing ppl that you're willing to walk even if you aren't is what makes you a great one. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242416) |
|
Date: January 26th, 2018 9:20 AM Author: crimson cerebral hissy fit agree 100%. i tell clients this all the time. if you aren't willing to walk, or aren't able to make it seem like you will walk, then you will get steamrolled. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242553) |
|
Date: January 26th, 2018 4:21 PM Author: Big sickened pit liquid oxygen This. See above. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246715) |
|
Date: January 26th, 2018 4:26 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask I mean, I am willing to walk away. Ina few weeks we may come back with the actual market value instead of 10K below market value but we are not really going above that. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246749) |
|
Date: January 26th, 2018 8:28 AM Author: lime wonderful hell hunting ground i see you are looking for vindication ITT and finding none (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35242420) |
|
Date: January 26th, 2018 8:41 AM Author: floppy red electric furnace I was in the exact same situation once. We fell in love with a house and the sellers were completely unreasonable. We walked away and found another house that, while not as nice, was much cheaper and in a more convenient location.
The sellers of the first house took it off the market without a sale. |
|
Date: January 26th, 2018 8:51 AM Author: vermilion judgmental hairy legs trust fund I stand with OP. Lol at all you fags getting emotional, "bbbb-b-but 12% off is offensive!" Sellers haven't gotten a single offer in 3 months. They finally got an offer. "Oh, but it was offensively low!" Ok, then counter-offer with only a small discount. Or just say fuck it, like they did.
The big difference is OP can just move on and engage another seller. The people in the house have one house, and who knows when someone will want to offer them again. |
|
Date: January 26th, 2018 2:56 PM Author: Deep cocky station That's the whole point. Offensive offers don't get the time of day. sellers were clearly like "lol ty bye" and are in no rush to dump the house. People get way to emotional with home sales and that's what killed OP.
Also this agent should be fired |
|
Date: January 26th, 2018 3:55 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask You sound like a home owner planning on listing your home for far too much and then letting it sit on the market while you waste money. Good luck with that. And fyi, the interest rates aren't getting any lower.
|
|
Date: January 26th, 2018 4:18 PM Author: Motley maize laser beams Just keep looking. Don't pay more than FMV based on the seller's misconception of what the place is worth.
My house was drastically overpriced, something stupid like $515k or $525k which was perhaps 10% above where it should have listed. It was overpriced enough to not get any interest, so I hit them straight up with dat 20% below list offer. I represented myself so I didn't have a faggot agent interfering with or putting the wrong spin on my strategy.
They countered very high, and I went straight to work on their agent, who was very motivated to get a deal done. Had a lot of conversations with her about what the house was really worth, and that I wanted to put up more money but I couldn't when it was so overlisted. Eventually I got the deal closed negotiating face to face with the seller in his own kitchen and his realtor also there. He was a used car salesman (owned a few dealerships) and I completely crushed him. I paid about 16% below list.
Had he properly priced the house he would have gotten more, but he felt pressure to get a deal done with me because there weren't other offers. This only worked because I did it myself, realtors want to preserve relationships with colleagues and won't go to bat for you like this. Also, because I did it myself, I negotiated for the commission that would have gone to the buyer agent to pay all of my closing costs instead. |
|
Date: January 26th, 2018 4:20 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask I wanted to go in without an agent and when we originally viewed the home and began the negotiations, we were not represented. I agree that the seller's agent seemed far more interested at that time. But my husband insisted that we get an agent. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246712) |
|
Date: January 26th, 2018 4:28 PM Author: Multi-colored ebony box office becky Your husband is an assclown. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246776) |
|
Date: January 26th, 2018 4:18 PM Author: Dashing jew halford Is this Mandy? Are you writing heartfelt letters? (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246699) |
|
Date: January 26th, 2018 4:22 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask I wrote a 50% heartfelt letter about wanting a home for a growing family and 50% this is how good our financials are, we have a pre approval for way more than the asking price of the home. They refused to even counter. Whatever. I dont really think the home is worth more and basically my takeaway is to keep looking. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246720) |
|
Date: January 26th, 2018 4:32 PM Author: Comical Puce Idiot Friendly Grandma 3 months is a long time for a house to sit on the market with no offers ITE. If your offer was reasonable and based on comparables, then you are only going to dig your own grave by negotiating against yourself before they even throw a number out there.
These people either don't really want to sell the house, are heavily leveraged or are delusional.
|
|
Date: January 26th, 2018 4:44 PM Author: Umber contagious boistinker Pretty much everyone itt is retarded at negotiating. Why are you all taking the sellers at face value that they are offended and won't counter? PROTIP: that is their counter. There's no rule of negotiating that says each party has to give a little after each offer until meeting in the middle. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35246942) |
|
Date: January 26th, 2018 5:24 PM Author: Comical Puce Idiot Friendly Grandma Just do keep upping your offer until the seller agrees. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35247439) |
|
Date: January 26th, 2018 5:01 PM Author: magenta coiffed cuckoldry state If they let the property sit for 3 months without an offer and no price reduction , they’re obviously not serious sellers who actually want to unload their property and are only selling at ask or above it. Time to move on. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35247171) |
|
Date: January 26th, 2018 6:13 PM Author: Motley maize laser beams That could be the case, but they could also be people who really want to sell but are delusional about the value and will crack and sell at 17% below list if an alpha as fuck litigator keeps engaging them. (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35247848) |
|
Date: January 26th, 2018 8:48 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Yeah this is the reason i kind of want to keep the door open and be as nice and polite as possible. I think that in a few more weeks of no offers they may panic and change their minds.
But we went in at about 10K below market value and would happily go up by 10K. Just not sure whether I should make that higher offer or just wait for them to counter. |
|
Date: January 26th, 2018 5:08 PM Author: trip menage faggot firefighter I probably would have gone about 5% under market value.
Usually there's not 1000 back and forths on residential home negotiation on price issues. You have to signal your willing to play ball from the very first offer. |
|
Date: January 26th, 2018 8:49 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask Again, it's not WORTH 5% below asking. I am not going in with an initial offer that is more that I would be willing to pay ever. Wtf.
And by the way, if it was worth 5% below asking, in this hot of a market someone would have come in with that offer by now. |
|
Date: January 26th, 2018 10:50 PM Author: Comical Puce Idiot Friendly Grandma readingcomppwned (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35249802) |
|
Date: January 26th, 2018 10:53 PM Author: Mustard Painfully Honest Bawdyhouse Pocket Flask oh yea i see that. we did go in a bit under market value (http://www.autoadmit.com/thread.php?thread_id=3871436&forum_id=2#35249819) |