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March 2, 2011 at 6:29 PM #673720March 2, 2011 at 6:45 PM #672569ScarlettParticipant
So I figured. π I have a mind of going directly thru the listing agent. I didn’t appreciate being barked at about my lack of touch with reality with this 475K offer.
Supposedly our agent wants us to get the house we want ASAP so he is pushing for higher offers to stand a better chance. But we are content waiting for a good deal that we also like a lot.
Now, in those 9 months on the market, I am imagining this house has received low ball offers but they didn’t take them. The location is not too bad, good schools, and the house is in decent shape. Apparently they had an uncooperant tenant for the first 6 months or something like that. So chances of getting our low offer accepted are tiny, but I also thought it was worth a shot.
From the point of view of a realtor, don’t you think it’s too much trouble though, to put together an offer if you believe that the market is such that an offer like that would never be accepted?
Mind you in this situation, we don’t know about other offers, it’s a traditional sale, however, it’s in pre-foreclosure and has been on the market 9 months.
I guess I’d like to know how much realtors object to making lowball offers? Thanks!!!
March 2, 2011 at 6:45 PM #672630ScarlettParticipantSo I figured. π I have a mind of going directly thru the listing agent. I didn’t appreciate being barked at about my lack of touch with reality with this 475K offer.
Supposedly our agent wants us to get the house we want ASAP so he is pushing for higher offers to stand a better chance. But we are content waiting for a good deal that we also like a lot.
Now, in those 9 months on the market, I am imagining this house has received low ball offers but they didn’t take them. The location is not too bad, good schools, and the house is in decent shape. Apparently they had an uncooperant tenant for the first 6 months or something like that. So chances of getting our low offer accepted are tiny, but I also thought it was worth a shot.
From the point of view of a realtor, don’t you think it’s too much trouble though, to put together an offer if you believe that the market is such that an offer like that would never be accepted?
Mind you in this situation, we don’t know about other offers, it’s a traditional sale, however, it’s in pre-foreclosure and has been on the market 9 months.
I guess I’d like to know how much realtors object to making lowball offers? Thanks!!!
March 2, 2011 at 6:45 PM #673241ScarlettParticipantSo I figured. π I have a mind of going directly thru the listing agent. I didn’t appreciate being barked at about my lack of touch with reality with this 475K offer.
Supposedly our agent wants us to get the house we want ASAP so he is pushing for higher offers to stand a better chance. But we are content waiting for a good deal that we also like a lot.
Now, in those 9 months on the market, I am imagining this house has received low ball offers but they didn’t take them. The location is not too bad, good schools, and the house is in decent shape. Apparently they had an uncooperant tenant for the first 6 months or something like that. So chances of getting our low offer accepted are tiny, but I also thought it was worth a shot.
From the point of view of a realtor, don’t you think it’s too much trouble though, to put together an offer if you believe that the market is such that an offer like that would never be accepted?
Mind you in this situation, we don’t know about other offers, it’s a traditional sale, however, it’s in pre-foreclosure and has been on the market 9 months.
I guess I’d like to know how much realtors object to making lowball offers? Thanks!!!
March 2, 2011 at 6:45 PM #673379ScarlettParticipantSo I figured. π I have a mind of going directly thru the listing agent. I didn’t appreciate being barked at about my lack of touch with reality with this 475K offer.
Supposedly our agent wants us to get the house we want ASAP so he is pushing for higher offers to stand a better chance. But we are content waiting for a good deal that we also like a lot.
Now, in those 9 months on the market, I am imagining this house has received low ball offers but they didn’t take them. The location is not too bad, good schools, and the house is in decent shape. Apparently they had an uncooperant tenant for the first 6 months or something like that. So chances of getting our low offer accepted are tiny, but I also thought it was worth a shot.
From the point of view of a realtor, don’t you think it’s too much trouble though, to put together an offer if you believe that the market is such that an offer like that would never be accepted?
Mind you in this situation, we don’t know about other offers, it’s a traditional sale, however, it’s in pre-foreclosure and has been on the market 9 months.
I guess I’d like to know how much realtors object to making lowball offers? Thanks!!!
March 2, 2011 at 6:45 PM #673725ScarlettParticipantSo I figured. π I have a mind of going directly thru the listing agent. I didn’t appreciate being barked at about my lack of touch with reality with this 475K offer.
Supposedly our agent wants us to get the house we want ASAP so he is pushing for higher offers to stand a better chance. But we are content waiting for a good deal that we also like a lot.
Now, in those 9 months on the market, I am imagining this house has received low ball offers but they didn’t take them. The location is not too bad, good schools, and the house is in decent shape. Apparently they had an uncooperant tenant for the first 6 months or something like that. So chances of getting our low offer accepted are tiny, but I also thought it was worth a shot.
From the point of view of a realtor, don’t you think it’s too much trouble though, to put together an offer if you believe that the market is such that an offer like that would never be accepted?
Mind you in this situation, we don’t know about other offers, it’s a traditional sale, however, it’s in pre-foreclosure and has been on the market 9 months.
I guess I’d like to know how much realtors object to making lowball offers? Thanks!!!
March 3, 2011 at 12:59 AM #672639CA renterParticipantScarlett,
Like sdr said, it never hurts to make an offer. The listing agent has to present the offer to the seller, unless the seller specified they didn’t want to see offers under a certain price. Be relentless about them showing the seller the offer.
If the selling (buyer’s) agent is giving you a hard time, fire him/her. It is YOUR money, and you have every right to decide for yourself what you’re willing to pay for something.
You’ve got nothing to lose…submit the offer and tell them it’s your “highest and best,” if that’s all you want to pay.
Best of luck!!!!
March 3, 2011 at 12:59 AM #672700CA renterParticipantScarlett,
Like sdr said, it never hurts to make an offer. The listing agent has to present the offer to the seller, unless the seller specified they didn’t want to see offers under a certain price. Be relentless about them showing the seller the offer.
If the selling (buyer’s) agent is giving you a hard time, fire him/her. It is YOUR money, and you have every right to decide for yourself what you’re willing to pay for something.
You’ve got nothing to lose…submit the offer and tell them it’s your “highest and best,” if that’s all you want to pay.
Best of luck!!!!
March 3, 2011 at 12:59 AM #673312CA renterParticipantScarlett,
Like sdr said, it never hurts to make an offer. The listing agent has to present the offer to the seller, unless the seller specified they didn’t want to see offers under a certain price. Be relentless about them showing the seller the offer.
If the selling (buyer’s) agent is giving you a hard time, fire him/her. It is YOUR money, and you have every right to decide for yourself what you’re willing to pay for something.
You’ve got nothing to lose…submit the offer and tell them it’s your “highest and best,” if that’s all you want to pay.
Best of luck!!!!
March 3, 2011 at 12:59 AM #673449CA renterParticipantScarlett,
Like sdr said, it never hurts to make an offer. The listing agent has to present the offer to the seller, unless the seller specified they didn’t want to see offers under a certain price. Be relentless about them showing the seller the offer.
If the selling (buyer’s) agent is giving you a hard time, fire him/her. It is YOUR money, and you have every right to decide for yourself what you’re willing to pay for something.
You’ve got nothing to lose…submit the offer and tell them it’s your “highest and best,” if that’s all you want to pay.
Best of luck!!!!
March 3, 2011 at 12:59 AM #673795CA renterParticipantScarlett,
Like sdr said, it never hurts to make an offer. The listing agent has to present the offer to the seller, unless the seller specified they didn’t want to see offers under a certain price. Be relentless about them showing the seller the offer.
If the selling (buyer’s) agent is giving you a hard time, fire him/her. It is YOUR money, and you have every right to decide for yourself what you’re willing to pay for something.
You’ve got nothing to lose…submit the offer and tell them it’s your “highest and best,” if that’s all you want to pay.
Best of luck!!!!
March 3, 2011 at 5:51 AM #672644SD RealtorParticipantNo it is not to much trouble to generate an offer. I have many clients that ask that of me. I know that there is a 0% chance of acceptance but it is my obligation to send the offer in.
There is one consideration I would add. I have seen in the past that some sellers get irritated with buyers who submit a very lowball offer. That is not a big problem but if you come back later and really want the home and are willing to offer more the sellers may have a negative memory of you and be more willing to work with others in a competitive situation.
Now mind you, this is not the norm. Have I seen it happen? Yes. Alot? Not really.
So if you are dead set on 475k for the home then have your agent write it up.
March 3, 2011 at 5:51 AM #672705SD RealtorParticipantNo it is not to much trouble to generate an offer. I have many clients that ask that of me. I know that there is a 0% chance of acceptance but it is my obligation to send the offer in.
There is one consideration I would add. I have seen in the past that some sellers get irritated with buyers who submit a very lowball offer. That is not a big problem but if you come back later and really want the home and are willing to offer more the sellers may have a negative memory of you and be more willing to work with others in a competitive situation.
Now mind you, this is not the norm. Have I seen it happen? Yes. Alot? Not really.
So if you are dead set on 475k for the home then have your agent write it up.
March 3, 2011 at 5:51 AM #673317SD RealtorParticipantNo it is not to much trouble to generate an offer. I have many clients that ask that of me. I know that there is a 0% chance of acceptance but it is my obligation to send the offer in.
There is one consideration I would add. I have seen in the past that some sellers get irritated with buyers who submit a very lowball offer. That is not a big problem but if you come back later and really want the home and are willing to offer more the sellers may have a negative memory of you and be more willing to work with others in a competitive situation.
Now mind you, this is not the norm. Have I seen it happen? Yes. Alot? Not really.
So if you are dead set on 475k for the home then have your agent write it up.
March 3, 2011 at 5:51 AM #673454SD RealtorParticipantNo it is not to much trouble to generate an offer. I have many clients that ask that of me. I know that there is a 0% chance of acceptance but it is my obligation to send the offer in.
There is one consideration I would add. I have seen in the past that some sellers get irritated with buyers who submit a very lowball offer. That is not a big problem but if you come back later and really want the home and are willing to offer more the sellers may have a negative memory of you and be more willing to work with others in a competitive situation.
Now mind you, this is not the norm. Have I seen it happen? Yes. Alot? Not really.
So if you are dead set on 475k for the home then have your agent write it up.
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