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  • March 3, 2011 at 5:51 AM #673800
    SD Realtor
    Participant

    No 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 8:08 AM #672674
    sdrealtor
    Participant

    Agree with what SD R said. Its not hard to write it up. If I thought there was no chance of it being accepted I would share that with my client but I would also let them know that I work for them and will do everything I can to have it viewed favorably and to be accepted. Thats our job after all. We work for our clients.

    There is defintely something to what SD R said about being viewed negatively going forward. If its a house you love and really want it takes some diplomacy to present a lowball but it can be overcome. You just say your clients are conservative and the offer is not a representation of how your clients feels about the home but rather how they feel about the market. Its that simple. I do it all the time.

    Sometimes it works, sometimes it doesnt but you cant make an omelette if you are afraid to break an egg.!

    March 3, 2011 at 8:08 AM #672735
    sdrealtor
    Participant

    Agree with what SD R said. Its not hard to write it up. If I thought there was no chance of it being accepted I would share that with my client but I would also let them know that I work for them and will do everything I can to have it viewed favorably and to be accepted. Thats our job after all. We work for our clients.

    There is defintely something to what SD R said about being viewed negatively going forward. If its a house you love and really want it takes some diplomacy to present a lowball but it can be overcome. You just say your clients are conservative and the offer is not a representation of how your clients feels about the home but rather how they feel about the market. Its that simple. I do it all the time.

    Sometimes it works, sometimes it doesnt but you cant make an omelette if you are afraid to break an egg.!

    March 3, 2011 at 8:08 AM #673347
    sdrealtor
    Participant

    Agree with what SD R said. Its not hard to write it up. If I thought there was no chance of it being accepted I would share that with my client but I would also let them know that I work for them and will do everything I can to have it viewed favorably and to be accepted. Thats our job after all. We work for our clients.

    There is defintely something to what SD R said about being viewed negatively going forward. If its a house you love and really want it takes some diplomacy to present a lowball but it can be overcome. You just say your clients are conservative and the offer is not a representation of how your clients feels about the home but rather how they feel about the market. Its that simple. I do it all the time.

    Sometimes it works, sometimes it doesnt but you cant make an omelette if you are afraid to break an egg.!

    March 3, 2011 at 8:08 AM #673484
    sdrealtor
    Participant

    Agree with what SD R said. Its not hard to write it up. If I thought there was no chance of it being accepted I would share that with my client but I would also let them know that I work for them and will do everything I can to have it viewed favorably and to be accepted. Thats our job after all. We work for our clients.

    There is defintely something to what SD R said about being viewed negatively going forward. If its a house you love and really want it takes some diplomacy to present a lowball but it can be overcome. You just say your clients are conservative and the offer is not a representation of how your clients feels about the home but rather how they feel about the market. Its that simple. I do it all the time.

    Sometimes it works, sometimes it doesnt but you cant make an omelette if you are afraid to break an egg.!

    March 3, 2011 at 8:08 AM #673830
    sdrealtor
    Participant

    Agree with what SD R said. Its not hard to write it up. If I thought there was no chance of it being accepted I would share that with my client but I would also let them know that I work for them and will do everything I can to have it viewed favorably and to be accepted. Thats our job after all. We work for our clients.

    There is defintely something to what SD R said about being viewed negatively going forward. If its a house you love and really want it takes some diplomacy to present a lowball but it can be overcome. You just say your clients are conservative and the offer is not a representation of how your clients feels about the home but rather how they feel about the market. Its that simple. I do it all the time.

    Sometimes it works, sometimes it doesnt but you cant make an omelette if you are afraid to break an egg.!

    March 3, 2011 at 9:01 AM #672704
    Scarlett
    Participant

    Thank you all! I completely understand the point of seller holding negative feelings, and believe me, if it’s a house we truly have to have, we don’t need any agent to tell us to offer more – we will do so on our own – because it’s so hard to find something you really love. But if it’s not, well, if we don’t get a good deal on a house that’s not quite “there”, well, there will be other houses…On the other hand we try to not get too emotionally involved with all the houses that fit our parameters :).

    And truthfully, the lowballing indeed has to do more with the market. The prices may come down some in the future, so if we buy now, it better be pretty good.

    March 3, 2011 at 9:01 AM #672766
    Scarlett
    Participant

    Thank you all! I completely understand the point of seller holding negative feelings, and believe me, if it’s a house we truly have to have, we don’t need any agent to tell us to offer more – we will do so on our own – because it’s so hard to find something you really love. But if it’s not, well, if we don’t get a good deal on a house that’s not quite “there”, well, there will be other houses…On the other hand we try to not get too emotionally involved with all the houses that fit our parameters :).

    And truthfully, the lowballing indeed has to do more with the market. The prices may come down some in the future, so if we buy now, it better be pretty good.

    March 3, 2011 at 9:01 AM #673377
    Scarlett
    Participant

    Thank you all! I completely understand the point of seller holding negative feelings, and believe me, if it’s a house we truly have to have, we don’t need any agent to tell us to offer more – we will do so on our own – because it’s so hard to find something you really love. But if it’s not, well, if we don’t get a good deal on a house that’s not quite “there”, well, there will be other houses…On the other hand we try to not get too emotionally involved with all the houses that fit our parameters :).

    And truthfully, the lowballing indeed has to do more with the market. The prices may come down some in the future, so if we buy now, it better be pretty good.

    March 3, 2011 at 9:01 AM #673514
    Scarlett
    Participant

    Thank you all! I completely understand the point of seller holding negative feelings, and believe me, if it’s a house we truly have to have, we don’t need any agent to tell us to offer more – we will do so on our own – because it’s so hard to find something you really love. But if it’s not, well, if we don’t get a good deal on a house that’s not quite “there”, well, there will be other houses…On the other hand we try to not get too emotionally involved with all the houses that fit our parameters :).

    And truthfully, the lowballing indeed has to do more with the market. The prices may come down some in the future, so if we buy now, it better be pretty good.

    March 3, 2011 at 9:01 AM #673860
    Scarlett
    Participant

    Thank you all! I completely understand the point of seller holding negative feelings, and believe me, if it’s a house we truly have to have, we don’t need any agent to tell us to offer more – we will do so on our own – because it’s so hard to find something you really love. But if it’s not, well, if we don’t get a good deal on a house that’s not quite “there”, well, there will be other houses…On the other hand we try to not get too emotionally involved with all the houses that fit our parameters :).

    And truthfully, the lowballing indeed has to do more with the market. The prices may come down some in the future, so if we buy now, it better be pretty good.

    March 3, 2011 at 9:11 AM #672709
    sdrealtor
    Participant

    Exactly and a skilled agent can present it that way without damaging your credibility.

    March 3, 2011 at 9:11 AM #672771
    sdrealtor
    Participant

    Exactly and a skilled agent can present it that way without damaging your credibility.

    March 3, 2011 at 9:11 AM #673382
    sdrealtor
    Participant

    Exactly and a skilled agent can present it that way without damaging your credibility.

    March 3, 2011 at 9:11 AM #673519
    sdrealtor
    Participant

    Exactly and a skilled agent can present it that way without damaging your credibility.

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