Buying Agents Shunning Empowered Buyers?

[drunkle]

maybe try starting at 10% off, then work your way to 25 through the “discovery” process…

[beanmaestro]

Ultimately, the problem is that the house hasn’t fallen the 25% until the agents and buyer accept that it has. They might consider 5-10% under ask, but until they’re lowering the price every week, 25% is a bridge too far. Especially since a homedebtor often doesn’t have that much equity to give (and if so, leverage causes your 25% discount to be a 75% equity cut to them)

I’d be inclined to bypass the realtors when they’re getting in the way… just make your own offers, and consider putting the owner’s name on the address line 🙂

[beanmaestro]

Ultimately, the problem is that the house hasn’t fallen the 25% until the agents and buyer accept that it has. They might consider 5-10% under ask, but until they’re lowering the price every week, 25% is a bridge too far. Especially since a homedebtor often doesn’t have that much equity to give (and if so, leverage causes your 25% discount to be a 75% equity cut to them)

I’d be inclined to bypass the realtors when they’re getting in the way… just make your own offers, and consider putting the owner’s name on the address line 🙂

[beanmaestro]

Ultimately, the problem is that the house hasn’t fallen the 25% until the agents and buyer accept that it has. They might consider 5-10% under ask, but until they’re lowering the price every week, 25% is a bridge too far. Especially since a homedebtor often doesn’t have that much equity to give (and if so, leverage causes your 25% discount to be a 75% equity cut to them)

I’d be inclined to bypass the realtors when they’re getting in the way… just make your own offers, and consider putting the owner’s name on the address line 🙂

[beanmaestro]

Ultimately, the problem is that the house hasn’t fallen the 25% until the agents and buyer accept that it has. They might consider 5-10% under ask, but until they’re lowering the price every week, 25% is a bridge too far. Especially since a homedebtor often doesn’t have that much equity to give (and if so, leverage causes your 25% discount to be a 75% equity cut to them)

I’d be inclined to bypass the realtors when they’re getting in the way… just make your own offers, and consider putting the owner’s name on the address line 🙂

[beanmaestro]

Ultimately, the problem is that the house hasn’t fallen the 25% until the agents and buyer accept that it has. They might consider 5-10% under ask, but until they’re lowering the price every week, 25% is a bridge too far. Especially since a homedebtor often doesn’t have that much equity to give (and if so, leverage causes your 25% discount to be a 75% equity cut to them)

I’d be inclined to bypass the realtors when they’re getting in the way… just make your own offers, and consider putting the owner’s name on the address line 🙂

[NotCranky]

“maybe try starting at 10% off, then work your way to 25 through the “discovery” process…”

You would still have to find a property where there is that much wiggle room and the probability that you would have things go according to plan is questionable.
I wouldn’t even do that for you drunkle, even though you are still one of my favorite piggs.There are legitmate request for repairs or price reduction but what you are describing ,perhaps jokingly, is rough. That doesn’t seem like the right thing to do.

[NotCranky]

“maybe try starting at 10% off, then work your way to 25 through the “discovery” process…”

You would still have to find a property where there is that much wiggle room and the probability that you would have things go according to plan is questionable.
I wouldn’t even do that for you drunkle, even though you are still one of my favorite piggs.There are legitmate request for repairs or price reduction but what you are describing ,perhaps jokingly, is rough. That doesn’t seem like the right thing to do.

[NotCranky]

“maybe try starting at 10% off, then work your way to 25 through the “discovery” process…”

You would still have to find a property where there is that much wiggle room and the probability that you would have things go according to plan is questionable.
I wouldn’t even do that for you drunkle, even though you are still one of my favorite piggs.There are legitmate request for repairs or price reduction but what you are describing ,perhaps jokingly, is rough. That doesn’t seem like the right thing to do.

[NotCranky]

“maybe try starting at 10% off, then work your way to 25 through the “discovery” process…”

You would still have to find a property where there is that much wiggle room and the probability that you would have things go according to plan is questionable.
I wouldn’t even do that for you drunkle, even though you are still one of my favorite piggs.There are legitmate request for repairs or price reduction but what you are describing ,perhaps jokingly, is rough. That doesn’t seem like the right thing to do.

[NotCranky]

“maybe try starting at 10% off, then work your way to 25 through the “discovery” process…”

You would still have to find a property where there is that much wiggle room and the probability that you would have things go according to plan is questionable.
I wouldn’t even do that for you drunkle, even though you are still one of my favorite piggs.There are legitmate request for repairs or price reduction but what you are describing ,perhaps jokingly, is rough. That doesn’t seem like the right thing to do.

[Mark Holmes]

Although I wouldn’t consider trying to buy a house for at least another couple years, it is frustrating to watch realtors and sellers holding desperately to their extremely unrealistic prices. There are houses in our neighborhood (Normal Heights) still priced at 2005 levels. An offer of 25% on these houses would only be 5% off true value, considering values here have already dropped 20%. Some says offers like this “insult the intelligence” of the seller and agent. Really? I would consider it much more of an affront to my intelligence to expect me to pay half-a-million dollars for an 800-square-foot bungalow four blocks from a rough neighgborhood. No problem, though. I’ll continue to rent until it’s the same price to buy. By late 2010 the San Diego median will be in the low to mid $200s. If I’m wrong, I’ll keep renting. Not the end of the world.

[Mark Holmes]

Although I wouldn’t consider trying to buy a house for at least another couple years, it is frustrating to watch realtors and sellers holding desperately to their extremely unrealistic prices. There are houses in our neighborhood (Normal Heights) still priced at 2005 levels. An offer of 25% on these houses would only be 5% off true value, considering values here have already dropped 20%. Some says offers like this “insult the intelligence” of the seller and agent. Really? I would consider it much more of an affront to my intelligence to expect me to pay half-a-million dollars for an 800-square-foot bungalow four blocks from a rough neighgborhood. No problem, though. I’ll continue to rent until it’s the same price to buy. By late 2010 the San Diego median will be in the low to mid $200s. If I’m wrong, I’ll keep renting. Not the end of the world.

[Mark Holmes]

Although I wouldn’t consider trying to buy a house for at least another couple years, it is frustrating to watch realtors and sellers holding desperately to their extremely unrealistic prices. There are houses in our neighborhood (Normal Heights) still priced at 2005 levels. An offer of 25% on these houses would only be 5% off true value, considering values here have already dropped 20%. Some says offers like this “insult the intelligence” of the seller and agent. Really? I would consider it much more of an affront to my intelligence to expect me to pay half-a-million dollars for an 800-square-foot bungalow four blocks from a rough neighgborhood. No problem, though. I’ll continue to rent until it’s the same price to buy. By late 2010 the San Diego median will be in the low to mid $200s. If I’m wrong, I’ll keep renting. Not the end of the world.

[Mark Holmes]

Although I wouldn’t consider trying to buy a house for at least another couple years, it is frustrating to watch realtors and sellers holding desperately to their extremely unrealistic prices. There are houses in our neighborhood (Normal Heights) still priced at 2005 levels. An offer of 25% on these houses would only be 5% off true value, considering values here have already dropped 20%. Some says offers like this “insult the intelligence” of the seller and agent. Really? I would consider it much more of an affront to my intelligence to expect me to pay half-a-million dollars for an 800-square-foot bungalow four blocks from a rough neighgborhood. No problem, though. I’ll continue to rent until it’s the same price to buy. By late 2010 the San Diego median will be in the low to mid $200s. If I’m wrong, I’ll keep renting. Not the end of the world.

[Author]

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