I’ve made 3 offers on properties in the last 2 years and they were all dismissed because my prices were borderline lowballs. Oh well, time is on my side I figured.
Last week I made yet another offer, albeit a verbal one directly to the listing agent. this time offered 650K for a house that had a “value-range” of 675K-749K. A pretty damn strong offer in MY opinion in light of the current market trend.
They countered back at 690K, which is 15K ABOVE a price that they CLAIM they would have “entertained”. I told the listing agent that I took their counter-offer as an insult to my intelligence. Why in THE hell would I pay one cent over the price that they supposedly are willing to take in this buyers market? The agent (Prudential btw) conceded that the seller was NEVER willing to take 675 and that they were wanting a price in the middle of the “range” all along.
I told this used-car salemen……er, I mean realtor, that the tactic is unethical if not illegal in my opinion.
I also let it be known that if the seller changed her mind at a later point and wants to accept my 650 offer, it’s not gonna be formally presented by the listing agent/used car whore, but rather by a different realtor who can at least PRETEND to be negotiating on my behalf in order to collect their $19,500 commission (3% for the selling agent ya know)
Gee…….. does my hatred salesman come on too strong? hehe
