Point Loma reducing a little

[CA renter]

Sometimes, the sellers might be in a position where they need to sell more quickly, rather than sit on the market for many more months, slowly dropping the price.

All buyers need to realize they *they* are the ones who determine what market price is. They need to offer what they think a house is worth.

Not to be mean, but if buyers choose not to do this, that is their problem, not the problem of the LA.

[jpinpb]

I think the average shopper will shop around for deals on major items, whether it’s for a tv or a car. Unless you have money to burn, you will try to get the best possible price for something and a house qualifies as one of those major purchases. Somebody paying LP for a house must be totally in love w/it and it’s an emotional purchase, or a complete idiot and would not be considered average person then. I’m not assuming all buyers know they can make a lowball offer. Only the average ones. Idiots don’t qualify as average.

In any case, PL has been seeing some declines across the board.

[jpinpb]

I think the average shopper will shop around for deals on major items, whether it’s for a tv or a car. Unless you have money to burn, you will try to get the best possible price for something and a house qualifies as one of those major purchases. Somebody paying LP for a house must be totally in love w/it and it’s an emotional purchase, or a complete idiot and would not be considered average person then. I’m not assuming all buyers know they can make a lowball offer. Only the average ones. Idiots don’t qualify as average.

In any case, PL has been seeing some declines across the board.

[jpinpb]

I think the average shopper will shop around for deals on major items, whether it’s for a tv or a car. Unless you have money to burn, you will try to get the best possible price for something and a house qualifies as one of those major purchases. Somebody paying LP for a house must be totally in love w/it and it’s an emotional purchase, or a complete idiot and would not be considered average person then. I’m not assuming all buyers know they can make a lowball offer. Only the average ones. Idiots don’t qualify as average.

In any case, PL has been seeing some declines across the board.

[jpinpb]

I think the average shopper will shop around for deals on major items, whether it’s for a tv or a car. Unless you have money to burn, you will try to get the best possible price for something and a house qualifies as one of those major purchases. Somebody paying LP for a house must be totally in love w/it and it’s an emotional purchase, or a complete idiot and would not be considered average person then. I’m not assuming all buyers know they can make a lowball offer. Only the average ones. Idiots don’t qualify as average.

In any case, PL has been seeing some declines across the board.

[jpinpb]

I think the average shopper will shop around for deals on major items, whether it’s for a tv or a car. Unless you have money to burn, you will try to get the best possible price for something and a house qualifies as one of those major purchases. Somebody paying LP for a house must be totally in love w/it and it’s an emotional purchase, or a complete idiot and would not be considered average person then. I’m not assuming all buyers know they can make a lowball offer. Only the average ones. Idiots don’t qualify as average.

In any case, PL has been seeing some declines across the board.

[an]

[quote=CA renter]Not to be mean, but if buyers choose not to do this, that is their problem, not the problem of the LA.[/quote]
That’s exactly what those buyers who can get in those deals before the house goes on the market would say as well. Again, it’s just pot calling kettle black to me. Both are not market prices. You’re just mad you don’t have the connectionto get into those sweet deals.

[an]

[quote=CA renter]Not to be mean, but if buyers choose not to do this, that is their problem, not the problem of the LA.[/quote]
That’s exactly what those buyers who can get in those deals before the house goes on the market would say as well. Again, it’s just pot calling kettle black to me. Both are not market prices. You’re just mad you don’t have the connectionto get into those sweet deals.

[an]

[quote=CA renter]Not to be mean, but if buyers choose not to do this, that is their problem, not the problem of the LA.[/quote]
That’s exactly what those buyers who can get in those deals before the house goes on the market would say as well. Again, it’s just pot calling kettle black to me. Both are not market prices. You’re just mad you don’t have the connectionto get into those sweet deals.

[an]

[quote=CA renter]Not to be mean, but if buyers choose not to do this, that is their problem, not the problem of the LA.[/quote]
That’s exactly what those buyers who can get in those deals before the house goes on the market would say as well. Again, it’s just pot calling kettle black to me. Both are not market prices. You’re just mad you don’t have the connectionto get into those sweet deals.

[an]

[quote=CA renter]Not to be mean, but if buyers choose not to do this, that is their problem, not the problem of the LA.[/quote]
That’s exactly what those buyers who can get in those deals before the house goes on the market would say as well. Again, it’s just pot calling kettle black to me. Both are not market prices. You’re just mad you don’t have the connectionto get into those sweet deals.

[sdrealtor]

[quote=CA renter][quote=jpinpb]I abhore when it’s an inside job and sells the day of list or before it’s even listed. If it’s on the market for a while and someone contacts the LA and makes an lowball offer that gets accepted, good for them.[/quote]

Exactly.

As long as all buyers have the same chance, then it’s a legitimate transaction. This is why all buyers should feel free to “lowball.” It’s the only way you’ll know whether or not something can sell for your price (which just might be “market price,” in the land of delusional sellers).[/quote]

The problem isnt that buyers wont lowball its that they arent even looking at homes that far above their price range. You can talk about the way you think things should be all you like. Its what you have been doing for the last 5 years. I’m out here in the trenches and see things the way they are.

[sdrealtor]

[quote=CA renter][quote=jpinpb]I abhore when it’s an inside job and sells the day of list or before it’s even listed. If it’s on the market for a while and someone contacts the LA and makes an lowball offer that gets accepted, good for them.[/quote]

Exactly.

As long as all buyers have the same chance, then it’s a legitimate transaction. This is why all buyers should feel free to “lowball.” It’s the only way you’ll know whether or not something can sell for your price (which just might be “market price,” in the land of delusional sellers).[/quote]

The problem isnt that buyers wont lowball its that they arent even looking at homes that far above their price range. You can talk about the way you think things should be all you like. Its what you have been doing for the last 5 years. I’m out here in the trenches and see things the way they are.

[sdrealtor]

[quote=CA renter][quote=jpinpb]I abhore when it’s an inside job and sells the day of list or before it’s even listed. If it’s on the market for a while and someone contacts the LA and makes an lowball offer that gets accepted, good for them.[/quote]

Exactly.

As long as all buyers have the same chance, then it’s a legitimate transaction. This is why all buyers should feel free to “lowball.” It’s the only way you’ll know whether or not something can sell for your price (which just might be “market price,” in the land of delusional sellers).[/quote]

The problem isnt that buyers wont lowball its that they arent even looking at homes that far above their price range. You can talk about the way you think things should be all you like. Its what you have been doing for the last 5 years. I’m out here in the trenches and see things the way they are.

[sdrealtor]

[quote=CA renter][quote=jpinpb]I abhore when it’s an inside job and sells the day of list or before it’s even listed. If it’s on the market for a while and someone contacts the LA and makes an lowball offer that gets accepted, good for them.[/quote]

Exactly.

As long as all buyers have the same chance, then it’s a legitimate transaction. This is why all buyers should feel free to “lowball.” It’s the only way you’ll know whether or not something can sell for your price (which just might be “market price,” in the land of delusional sellers).[/quote]

The problem isnt that buyers wont lowball its that they arent even looking at homes that far above their price range. You can talk about the way you think things should be all you like. Its what you have been doing for the last 5 years. I’m out here in the trenches and see things the way they are.

[Author]

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