- This topic has 32 replies, 7 voices, and was last updated 15 years, 4 months ago by
bsrsharma.
-
AuthorPosts
-
-
November 8, 2007 at 5:09 PM #10860
-
November 8, 2007 at 5:26 PM #97488
drunkle
Participantif it’s bank owned, who cares if it’s insulting?
if it’s privately owned, be really nice about it…
if you’re dealing with a realtor, who cares if he’s insulted? it’s his job to be insulted, that’s haggling for you.
i think someone posted the “rules” of lowballing before… one thing that stuck was that if you give a low ball offer, it gives the seller a sense of a “bottom”. that is, your offer will be rejected, but anyone with even a slightly better offer could be taken.
so, you want to make an offer only if you can make the deal happen. you don’t want to provide someone else a platform from which to work off of.
i think it was also said that you don’t want to be the one to make the first move. you want the seller to spill the beans first, you want them to state a number from which you either get an idea of how desparate they are or how stubborn. if they just repeat the posted number, then walk away. dont give them anything, no counter offer because then you give them a bottom. if they give you a number below the asking, then you can work with that. offer something even lower and work up.
something like that.
-
November 8, 2007 at 5:43 PM #97496
kev374
ParticipantThe thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.
I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.
I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀
-
November 8, 2007 at 9:59 PM #97569
SD Realtor
ParticipantKev I would go for it. Maybe they take it and maybe they don’t. If it really is bank owned there is nothing at all to lose by submitting the offer. If they don’t take it, then resubmit the offer each 4 or 5 weeks. Ya never know if you don’t try!
SD Realtor
-
November 8, 2007 at 9:59 PM #97631
SD Realtor
ParticipantKev I would go for it. Maybe they take it and maybe they don’t. If it really is bank owned there is nothing at all to lose by submitting the offer. If they don’t take it, then resubmit the offer each 4 or 5 weeks. Ya never know if you don’t try!
SD Realtor
-
November 8, 2007 at 9:59 PM #97642
SD Realtor
ParticipantKev I would go for it. Maybe they take it and maybe they don’t. If it really is bank owned there is nothing at all to lose by submitting the offer. If they don’t take it, then resubmit the offer each 4 or 5 weeks. Ya never know if you don’t try!
SD Realtor
-
November 8, 2007 at 9:59 PM #97649
SD Realtor
ParticipantKev I would go for it. Maybe they take it and maybe they don’t. If it really is bank owned there is nothing at all to lose by submitting the offer. If they don’t take it, then resubmit the offer each 4 or 5 weeks. Ya never know if you don’t try!
SD Realtor
-
-
November 8, 2007 at 5:43 PM #97559
kev374
ParticipantThe thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.
I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.
I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀
-
November 8, 2007 at 5:43 PM #97570
kev374
ParticipantThe thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.
I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.
I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀
-
November 8, 2007 at 5:43 PM #97576
kev374
ParticipantThe thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.
I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.
I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀
-
-
November 8, 2007 at 5:26 PM #97551
drunkle
Participantif it’s bank owned, who cares if it’s insulting?
if it’s privately owned, be really nice about it…
if you’re dealing with a realtor, who cares if he’s insulted? it’s his job to be insulted, that’s haggling for you.
i think someone posted the “rules” of lowballing before… one thing that stuck was that if you give a low ball offer, it gives the seller a sense of a “bottom”. that is, your offer will be rejected, but anyone with even a slightly better offer could be taken.
so, you want to make an offer only if you can make the deal happen. you don’t want to provide someone else a platform from which to work off of.
i think it was also said that you don’t want to be the one to make the first move. you want the seller to spill the beans first, you want them to state a number from which you either get an idea of how desparate they are or how stubborn. if they just repeat the posted number, then walk away. dont give them anything, no counter offer because then you give them a bottom. if they give you a number below the asking, then you can work with that. offer something even lower and work up.
something like that.
-
November 8, 2007 at 5:26 PM #97562
drunkle
Participantif it’s bank owned, who cares if it’s insulting?
if it’s privately owned, be really nice about it…
if you’re dealing with a realtor, who cares if he’s insulted? it’s his job to be insulted, that’s haggling for you.
i think someone posted the “rules” of lowballing before… one thing that stuck was that if you give a low ball offer, it gives the seller a sense of a “bottom”. that is, your offer will be rejected, but anyone with even a slightly better offer could be taken.
so, you want to make an offer only if you can make the deal happen. you don’t want to provide someone else a platform from which to work off of.
i think it was also said that you don’t want to be the one to make the first move. you want the seller to spill the beans first, you want them to state a number from which you either get an idea of how desparate they are or how stubborn. if they just repeat the posted number, then walk away. dont give them anything, no counter offer because then you give them a bottom. if they give you a number below the asking, then you can work with that. offer something even lower and work up.
something like that.
-
November 8, 2007 at 5:26 PM #97568
drunkle
Participantif it’s bank owned, who cares if it’s insulting?
if it’s privately owned, be really nice about it…
if you’re dealing with a realtor, who cares if he’s insulted? it’s his job to be insulted, that’s haggling for you.
i think someone posted the “rules” of lowballing before… one thing that stuck was that if you give a low ball offer, it gives the seller a sense of a “bottom”. that is, your offer will be rejected, but anyone with even a slightly better offer could be taken.
so, you want to make an offer only if you can make the deal happen. you don’t want to provide someone else a platform from which to work off of.
i think it was also said that you don’t want to be the one to make the first move. you want the seller to spill the beans first, you want them to state a number from which you either get an idea of how desparate they are or how stubborn. if they just repeat the posted number, then walk away. dont give them anything, no counter offer because then you give them a bottom. if they give you a number below the asking, then you can work with that. offer something even lower and work up.
something like that.
-
November 8, 2007 at 6:08 PM #97518
PadreBrian
ParticipantIf it’s bank owned offer away. I posted a listing last month where they took 30% off. In Carmel Valley!
-
November 8, 2007 at 6:08 PM #97579
PadreBrian
ParticipantIf it’s bank owned offer away. I posted a listing last month where they took 30% off. In Carmel Valley!
-
November 8, 2007 at 6:08 PM #97590
PadreBrian
ParticipantIf it’s bank owned offer away. I posted a listing last month where they took 30% off. In Carmel Valley!
-
November 8, 2007 at 6:08 PM #97596
PadreBrian
ParticipantIf it’s bank owned offer away. I posted a listing last month where they took 30% off. In Carmel Valley!
-
November 8, 2007 at 8:42 PM #97545
The OC Scam
ParticipantTry a low ball offer and sumbit the Goldman Sachs report 12 pages on the California Housing market being 35% to 40% over valued. Atleast they understand where you are coming from…
-
November 8, 2007 at 8:42 PM #97607
The OC Scam
ParticipantTry a low ball offer and sumbit the Goldman Sachs report 12 pages on the California Housing market being 35% to 40% over valued. Atleast they understand where you are coming from…
-
November 8, 2007 at 8:42 PM #97617
The OC Scam
ParticipantTry a low ball offer and sumbit the Goldman Sachs report 12 pages on the California Housing market being 35% to 40% over valued. Atleast they understand where you are coming from…
-
November 8, 2007 at 8:42 PM #97624
The OC Scam
ParticipantTry a low ball offer and sumbit the Goldman Sachs report 12 pages on the California Housing market being 35% to 40% over valued. Atleast they understand where you are coming from…
-
November 8, 2007 at 10:23 PM #97581
Coronita
ParticipantRehtorical question: Do you find it insulting some MLS listings still list a sale price with a $100k spread?
Insult away. It's a buyer's market.Â
-
November 8, 2007 at 10:59 PM #97589
PadreBrian
ParticipantSpreads were ALWAYS insulting. And “Entertaining offers” still makes me laugh to this very day.
-
November 8, 2007 at 10:59 PM #97651
PadreBrian
ParticipantSpreads were ALWAYS insulting. And “Entertaining offers” still makes me laugh to this very day.
-
November 8, 2007 at 10:59 PM #97662
PadreBrian
ParticipantSpreads were ALWAYS insulting. And “Entertaining offers” still makes me laugh to this very day.
-
November 8, 2007 at 10:59 PM #97668
PadreBrian
ParticipantSpreads were ALWAYS insulting. And “Entertaining offers” still makes me laugh to this very day.
-
-
November 8, 2007 at 10:23 PM #97643
Coronita
ParticipantRehtorical question: Do you find it insulting some MLS listings still list a sale price with a $100k spread?
Insult away. It's a buyer's market.Â
-
November 8, 2007 at 10:23 PM #97654
Coronita
ParticipantRehtorical question: Do you find it insulting some MLS listings still list a sale price with a $100k spread?
Insult away. It's a buyer's market.Â
-
November 8, 2007 at 10:23 PM #97660
Coronita
ParticipantRehtorical question: Do you find it insulting some MLS listings still list a sale price with a $100k spread?
Insult away. It's a buyer's market.Â
-
November 9, 2007 at 9:55 AM #97688
bsrsharma
ParticipantI don’t know what an insulting offer is in this market. But I think there will be some homes in Inland Empire and San Joaquin valley where towns may like to give them away for free to prevent urban blight. This has happened in Rust belt cities earlier.
-
November 9, 2007 at 9:55 AM #97752
bsrsharma
ParticipantI don’t know what an insulting offer is in this market. But I think there will be some homes in Inland Empire and San Joaquin valley where towns may like to give them away for free to prevent urban blight. This has happened in Rust belt cities earlier.
-
November 9, 2007 at 9:55 AM #97762
bsrsharma
ParticipantI don’t know what an insulting offer is in this market. But I think there will be some homes in Inland Empire and San Joaquin valley where towns may like to give them away for free to prevent urban blight. This has happened in Rust belt cities earlier.
-
November 9, 2007 at 9:55 AM #97769
bsrsharma
ParticipantI don’t know what an insulting offer is in this market. But I think there will be some homes in Inland Empire and San Joaquin valley where towns may like to give them away for free to prevent urban blight. This has happened in Rust belt cities earlier.
-
-
AuthorPosts
- You must be logged in to reply to this topic.