- This topic has 55 replies, 9 voices, and was last updated 15 years ago by
an.
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AuthorPosts
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March 11, 2008 at 9:21 AM #12065
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March 11, 2008 at 9:48 AM #167302
patientlywaiting
ParticipantKnow your seller and his/her motivation.
Get a title report before offering so you know exactly what the encumbrances are.Don’t sweat the details (washer/dryer, drapes, etc.. )
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March 11, 2008 at 9:54 AM #167319
an
ParticipantThe problem I experience so far about finding deals is that buyers out there will prevent you from getting it. All the listing that are priced aggressively always end up with multiple offers and the final price is always above asking. Getting a deal from an overpriced listing I think is not really a deal at all. Anyone have any other experience?
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March 11, 2008 at 10:23 AM #167348
XBoxBoy
ParticipantAsianautica wrote > Getting a deal from an overpriced listing is not really a deal at all.
How true, and yet how many people forget this. My wife has a great term for what’s going on in La Jolla, where we are looking. “Swap Meet Pricing” The seller asks a really high price, and then when they come down the buyer thinks they got a deal.
XBoxBoy
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March 11, 2008 at 12:49 PM #167473
Aecetia
ParticipantHire your own independent appraiser to appraise the property.
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March 11, 2008 at 12:49 PM #167797Participant
Hire your own independent appraiser to appraise the property.
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March 11, 2008 at 12:49 PM #167800Participant
Hire your own independent appraiser to appraise the property.
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March 11, 2008 at 12:49 PM #167830Participant
Hire your own independent appraiser to appraise the property.
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March 11, 2008 at 12:49 PM #167895Participant
Hire your own independent appraiser to appraise the property.
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March 11, 2008 at 12:50 PM #167478
cr
ParticipantSomething is only worth what someone will pay for it, not what someone else is asking for it.
I’ve watched people on the TLC shows about buying and I’m sure it’s easy to critique, but they get so emotionally involved. If someone rejects your offer, say adios. If they want to hold on to a deprciating asset while you keep your down payment and gain even a modest 2% interest what have you lost?
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March 11, 2008 at 1:05 PM #167528
raptorduck
ParticipantOn the La Jolla thing. I have a collegue I was at a dinner with the other day who bought there in 2006. I heard him telling someone at dinner about the market there and that “it is immune from the downturn and prices are going up and will keep going up.”
I would say the majority of new sellers feel this way, as if they have been stuck in 2004-2005 and living under a rock before they decided to list. Let them wake up for a few months before you reveal interest in their property. In some cases, it takes much much longer. There are lots of examples on the market right now.
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March 11, 2008 at 3:32 PM #167698Participant
Raptor, Can’t tell you how many people have said to me in the last several months that things sure have dropped, but that they are okay because of some nonsensical reason. It’s really an incredible phenomenon of humans to rationalize away their losses.
XBoxBoy
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March 11, 2008 at 3:32 PM #168021Participant
Raptor, Can’t tell you how many people have said to me in the last several months that things sure have dropped, but that they are okay because of some nonsensical reason. It’s really an incredible phenomenon of humans to rationalize away their losses.
XBoxBoy
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March 11, 2008 at 3:32 PM #168027Participant
Raptor, Can’t tell you how many people have said to me in the last several months that things sure have dropped, but that they are okay because of some nonsensical reason. It’s really an incredible phenomenon of humans to rationalize away their losses.
XBoxBoy
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March 11, 2008 at 3:32 PM #168056Participant
Raptor, Can’t tell you how many people have said to me in the last several months that things sure have dropped, but that they are okay because of some nonsensical reason. It’s really an incredible phenomenon of humans to rationalize away their losses.
XBoxBoy
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March 11, 2008 at 3:32 PM #168123Participant
Raptor, Can’t tell you how many people have said to me in the last several months that things sure have dropped, but that they are okay because of some nonsensical reason. It’s really an incredible phenomenon of humans to rationalize away their losses.
XBoxBoy
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March 11, 2008 at 1:05 PM #167851Participant
On the La Jolla thing. I have a collegue I was at a dinner with the other day who bought there in 2006. I heard him telling someone at dinner about the market there and that “it is immune from the downturn and prices are going up and will keep going up.”
I would say the majority of new sellers feel this way, as if they have been stuck in 2004-2005 and living under a rock before they decided to list. Let them wake up for a few months before you reveal interest in their property. In some cases, it takes much much longer. There are lots of examples on the market right now.
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March 11, 2008 at 1:05 PM #167856Participant
On the La Jolla thing. I have a collegue I was at a dinner with the other day who bought there in 2006. I heard him telling someone at dinner about the market there and that “it is immune from the downturn and prices are going up and will keep going up.”
I would say the majority of new sellers feel this way, as if they have been stuck in 2004-2005 and living under a rock before they decided to list. Let them wake up for a few months before you reveal interest in their property. In some cases, it takes much much longer. There are lots of examples on the market right now.
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March 11, 2008 at 1:05 PM #167887Participant
On the La Jolla thing. I have a collegue I was at a dinner with the other day who bought there in 2006. I heard him telling someone at dinner about the market there and that “it is immune from the downturn and prices are going up and will keep going up.”
I would say the majority of new sellers feel this way, as if they have been stuck in 2004-2005 and living under a rock before they decided to list. Let them wake up for a few months before you reveal interest in their property. In some cases, it takes much much longer. There are lots of examples on the market right now.
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March 11, 2008 at 1:05 PM #167953Participant
On the La Jolla thing. I have a collegue I was at a dinner with the other day who bought there in 2006. I heard him telling someone at dinner about the market there and that “it is immune from the downturn and prices are going up and will keep going up.”
I would say the majority of new sellers feel this way, as if they have been stuck in 2004-2005 and living under a rock before they decided to list. Let them wake up for a few months before you reveal interest in their property. In some cases, it takes much much longer. There are lots of examples on the market right now.
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March 11, 2008 at 12:50 PM #167803Participant
Something is only worth what someone will pay for it, not what someone else is asking for it.
I’ve watched people on the TLC shows about buying and I’m sure it’s easy to critique, but they get so emotionally involved. If someone rejects your offer, say adios. If they want to hold on to a deprciating asset while you keep your down payment and gain even a modest 2% interest what have you lost?
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March 11, 2008 at 12:50 PM #167807Participant
Something is only worth what someone will pay for it, not what someone else is asking for it.
I’ve watched people on the TLC shows about buying and I’m sure it’s easy to critique, but they get so emotionally involved. If someone rejects your offer, say adios. If they want to hold on to a deprciating asset while you keep your down payment and gain even a modest 2% interest what have you lost?
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March 11, 2008 at 12:50 PM #167835Participant
Something is only worth what someone will pay for it, not what someone else is asking for it.
I’ve watched people on the TLC shows about buying and I’m sure it’s easy to critique, but they get so emotionally involved. If someone rejects your offer, say adios. If they want to hold on to a deprciating asset while you keep your down payment and gain even a modest 2% interest what have you lost?
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March 11, 2008 at 12:50 PM #167900Participant
Something is only worth what someone will pay for it, not what someone else is asking for it.
I’ve watched people on the TLC shows about buying and I’m sure it’s easy to critique, but they get so emotionally involved. If someone rejects your offer, say adios. If they want to hold on to a deprciating asset while you keep your down payment and gain even a modest 2% interest what have you lost?
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March 11, 2008 at 1:01 PM #167513Participant
Not surprising for this board, you have gotten great advice so far.
I would echo the above remarks and add
– the longer on the market, the more realistic the asking price, the more motivated the seller (stating the obvious here, but sometimes people forget).
– if they are still living in it, they are more likely to be sticky sellers.
– never underestimate a seller’s emotional attachment to their home and consequential unrealistic expectation as to price and unwillingness to sell at market despite high carrying costs.
– look for second and vacation homes and the empty homes with sellers already into new homes.
– be aware that if a selling agent tells you they got 3 other offers comming in, it may not be true.
– set some criteria for your negotiation and do not waiver from it.
– Remain detached from your purchase and stick to your rules.
– Don’t get caught up in a bidding war unless you are still in your range.
– patience is the best form of leverage.
– When told by the selling agent that “the market is picking up, has stopped falling, is red hot, lots of activity” tell youreslf they are dyslexic and slowly back away.
– Assume developers will start with higher asking prices. Appearance is everything to them.
– Be creative and put yourself in the seller’s shoes and ask what they need, now, other than the price they want.
– In this market, a strong buyer is almost more important than a high bidder. Demonstrate that you are a strong buyer.
– back up your offer, whatever it is, with data and reason. Comps are not the only reason.
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March 11, 2008 at 11:22 PM #167894
SD Realtor
ParticipantRaptor you always make very good posts. What you wrote made alot of sense. The best statement was:
patience is the best form of leverage….
I could not agree more.
Come with a strategy but apply some common thoughts. If a home has not been on the market for awhile, getting a lowball offer accepted is very unlikely. Just like the market will dictate what the home sells for, prepare to be frustrated. Make sure you have your financing mapped out. If you are going to be going for a short sale, understand that the period of limbo (from you submitting the offer, to it getting accepted) will be many weeks and more then likely a few months. Know that during this period you will NOT be able to lock your rate… or you can lock your rate but you will be more then lucky if your deal gets done before your lock expires.
Make sure you know what your closing costs will be. Make sure you know how your rebate will work. I am assuming you have a rebate you will get back from your Realtor. Will it be a credit in escrow? Will it be sent as a check after escrow closes? Will you be 1099’d?
Know that if the home you love has been priced very aggressively that it may very well get offers, ALOT of offers. Know that we are still in a period of denial. Know that a few weeks on the market is not a long time. When you run into 3-4 months, then your seller is getting ripe.
The best strategy is patience. Be willing to walk, be willing to wait.
SD Realtor
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March 12, 2008 at 12:58 AM #167914Participant
Very well said SD Realtor. Now that I’ve bitten into those short sales and well priced REOs, I know exactly how it feels. I think as long as we stand our ground and not get caught up in a bidding war, we’ll learn that lesson. Learning that lesson first hand is the only way.
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March 12, 2008 at 12:58 AM #168242Participant
Very well said SD Realtor. Now that I’ve bitten into those short sales and well priced REOs, I know exactly how it feels. I think as long as we stand our ground and not get caught up in a bidding war, we’ll learn that lesson. Learning that lesson first hand is the only way.
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March 12, 2008 at 12:58 AM #168246Participant
Very well said SD Realtor. Now that I’ve bitten into those short sales and well priced REOs, I know exactly how it feels. I think as long as we stand our ground and not get caught up in a bidding war, we’ll learn that lesson. Learning that lesson first hand is the only way.
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March 12, 2008 at 12:58 AM #168274Participant
Very well said SD Realtor. Now that I’ve bitten into those short sales and well priced REOs, I know exactly how it feels. I think as long as we stand our ground and not get caught up in a bidding war, we’ll learn that lesson. Learning that lesson first hand is the only way.
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March 12, 2008 at 12:58 AM #168343Participant
Very well said SD Realtor. Now that I’ve bitten into those short sales and well priced REOs, I know exactly how it feels. I think as long as we stand our ground and not get caught up in a bidding war, we’ll learn that lesson. Learning that lesson first hand is the only way.
-
March 11, 2008 at 11:22 PM #168221Participant
Raptor you always make very good posts. What you wrote made alot of sense. The best statement was:
patience is the best form of leverage….
I could not agree more.
Come with a strategy but apply some common thoughts. If a home has not been on the market for awhile, getting a lowball offer accepted is very unlikely. Just like the market will dictate what the home sells for, prepare to be frustrated. Make sure you have your financing mapped out. If you are going to be going for a short sale, understand that the period of limbo (from you submitting the offer, to it getting accepted) will be many weeks and more then likely a few months. Know that during this period you will NOT be able to lock your rate… or you can lock your rate but you will be more then lucky if your deal gets done before your lock expires.
Make sure you know what your closing costs will be. Make sure you know how your rebate will work. I am assuming you have a rebate you will get back from your Realtor. Will it be a credit in escrow? Will it be sent as a check after escrow closes? Will you be 1099’d?
Know that if the home you love has been priced very aggressively that it may very well get offers, ALOT of offers. Know that we are still in a period of denial. Know that a few weeks on the market is not a long time. When you run into 3-4 months, then your seller is getting ripe.
The best strategy is patience. Be willing to walk, be willing to wait.
SD Realtor
-
March 11, 2008 at 11:22 PM #168226Participant
Raptor you always make very good posts. What you wrote made alot of sense. The best statement was:
patience is the best form of leverage….
I could not agree more.
Come with a strategy but apply some common thoughts. If a home has not been on the market for awhile, getting a lowball offer accepted is very unlikely. Just like the market will dictate what the home sells for, prepare to be frustrated. Make sure you have your financing mapped out. If you are going to be going for a short sale, understand that the period of limbo (from you submitting the offer, to it getting accepted) will be many weeks and more then likely a few months. Know that during this period you will NOT be able to lock your rate… or you can lock your rate but you will be more then lucky if your deal gets done before your lock expires.
Make sure you know what your closing costs will be. Make sure you know how your rebate will work. I am assuming you have a rebate you will get back from your Realtor. Will it be a credit in escrow? Will it be sent as a check after escrow closes? Will you be 1099’d?
Know that if the home you love has been priced very aggressively that it may very well get offers, ALOT of offers. Know that we are still in a period of denial. Know that a few weeks on the market is not a long time. When you run into 3-4 months, then your seller is getting ripe.
The best strategy is patience. Be willing to walk, be willing to wait.
SD Realtor
-
March 11, 2008 at 11:22 PM #168254Participant
Raptor you always make very good posts. What you wrote made alot of sense. The best statement was:
patience is the best form of leverage….
I could not agree more.
Come with a strategy but apply some common thoughts. If a home has not been on the market for awhile, getting a lowball offer accepted is very unlikely. Just like the market will dictate what the home sells for, prepare to be frustrated. Make sure you have your financing mapped out. If you are going to be going for a short sale, understand that the period of limbo (from you submitting the offer, to it getting accepted) will be many weeks and more then likely a few months. Know that during this period you will NOT be able to lock your rate… or you can lock your rate but you will be more then lucky if your deal gets done before your lock expires.
Make sure you know what your closing costs will be. Make sure you know how your rebate will work. I am assuming you have a rebate you will get back from your Realtor. Will it be a credit in escrow? Will it be sent as a check after escrow closes? Will you be 1099’d?
Know that if the home you love has been priced very aggressively that it may very well get offers, ALOT of offers. Know that we are still in a period of denial. Know that a few weeks on the market is not a long time. When you run into 3-4 months, then your seller is getting ripe.
The best strategy is patience. Be willing to walk, be willing to wait.
SD Realtor
-
March 11, 2008 at 11:22 PM #168323Participant
Raptor you always make very good posts. What you wrote made alot of sense. The best statement was:
patience is the best form of leverage….
I could not agree more.
Come with a strategy but apply some common thoughts. If a home has not been on the market for awhile, getting a lowball offer accepted is very unlikely. Just like the market will dictate what the home sells for, prepare to be frustrated. Make sure you have your financing mapped out. If you are going to be going for a short sale, understand that the period of limbo (from you submitting the offer, to it getting accepted) will be many weeks and more then likely a few months. Know that during this period you will NOT be able to lock your rate… or you can lock your rate but you will be more then lucky if your deal gets done before your lock expires.
Make sure you know what your closing costs will be. Make sure you know how your rebate will work. I am assuming you have a rebate you will get back from your Realtor. Will it be a credit in escrow? Will it be sent as a check after escrow closes? Will you be 1099’d?
Know that if the home you love has been priced very aggressively that it may very well get offers, ALOT of offers. Know that we are still in a period of denial. Know that a few weeks on the market is not a long time. When you run into 3-4 months, then your seller is getting ripe.
The best strategy is patience. Be willing to walk, be willing to wait.
SD Realtor
-
March 11, 2008 at 1:01 PM #167837Participant
Not surprising for this board, you have gotten great advice so far.
I would echo the above remarks and add
– the longer on the market, the more realistic the asking price, the more motivated the seller (stating the obvious here, but sometimes people forget).
– if they are still living in it, they are more likely to be sticky sellers.
– never underestimate a seller’s emotional attachment to their home and consequential unrealistic expectation as to price and unwillingness to sell at market despite high carrying costs.
– look for second and vacation homes and the empty homes with sellers already into new homes.
– be aware that if a selling agent tells you they got 3 other offers comming in, it may not be true.
– set some criteria for your negotiation and do not waiver from it.
– Remain detached from your purchase and stick to your rules.
– Don’t get caught up in a bidding war unless you are still in your range.
– patience is the best form of leverage.
– When told by the selling agent that “the market is picking up, has stopped falling, is red hot, lots of activity” tell youreslf they are dyslexic and slowly back away.
– Assume developers will start with higher asking prices. Appearance is everything to them.
– Be creative and put yourself in the seller’s shoes and ask what they need, now, other than the price they want.
– In this market, a strong buyer is almost more important than a high bidder. Demonstrate that you are a strong buyer.
– back up your offer, whatever it is, with data and reason. Comps are not the only reason.
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March 11, 2008 at 1:01 PM #167842Participant
Not surprising for this board, you have gotten great advice so far.
I would echo the above remarks and add
– the longer on the market, the more realistic the asking price, the more motivated the seller (stating the obvious here, but sometimes people forget).
– if they are still living in it, they are more likely to be sticky sellers.
– never underestimate a seller’s emotional attachment to their home and consequential unrealistic expectation as to price and unwillingness to sell at market despite high carrying costs.
– look for second and vacation homes and the empty homes with sellers already into new homes.
– be aware that if a selling agent tells you they got 3 other offers comming in, it may not be true.
– set some criteria for your negotiation and do not waiver from it.
– Remain detached from your purchase and stick to your rules.
– Don’t get caught up in a bidding war unless you are still in your range.
– patience is the best form of leverage.
– When told by the selling agent that “the market is picking up, has stopped falling, is red hot, lots of activity” tell youreslf they are dyslexic and slowly back away.
– Assume developers will start with higher asking prices. Appearance is everything to them.
– Be creative and put yourself in the seller’s shoes and ask what they need, now, other than the price they want.
– In this market, a strong buyer is almost more important than a high bidder. Demonstrate that you are a strong buyer.
– back up your offer, whatever it is, with data and reason. Comps are not the only reason.
-
March 11, 2008 at 1:01 PM #167871Participant
Not surprising for this board, you have gotten great advice so far.
I would echo the above remarks and add
– the longer on the market, the more realistic the asking price, the more motivated the seller (stating the obvious here, but sometimes people forget).
– if they are still living in it, they are more likely to be sticky sellers.
– never underestimate a seller’s emotional attachment to their home and consequential unrealistic expectation as to price and unwillingness to sell at market despite high carrying costs.
– look for second and vacation homes and the empty homes with sellers already into new homes.
– be aware that if a selling agent tells you they got 3 other offers comming in, it may not be true.
– set some criteria for your negotiation and do not waiver from it.
– Remain detached from your purchase and stick to your rules.
– Don’t get caught up in a bidding war unless you are still in your range.
– patience is the best form of leverage.
– When told by the selling agent that “the market is picking up, has stopped falling, is red hot, lots of activity” tell youreslf they are dyslexic and slowly back away.
– Assume developers will start with higher asking prices. Appearance is everything to them.
– Be creative and put yourself in the seller’s shoes and ask what they need, now, other than the price they want.
– In this market, a strong buyer is almost more important than a high bidder. Demonstrate that you are a strong buyer.
– back up your offer, whatever it is, with data and reason. Comps are not the only reason.
-
March 11, 2008 at 1:01 PM #167937Participant
Not surprising for this board, you have gotten great advice so far.
I would echo the above remarks and add
– the longer on the market, the more realistic the asking price, the more motivated the seller (stating the obvious here, but sometimes people forget).
– if they are still living in it, they are more likely to be sticky sellers.
– never underestimate a seller’s emotional attachment to their home and consequential unrealistic expectation as to price and unwillingness to sell at market despite high carrying costs.
– look for second and vacation homes and the empty homes with sellers already into new homes.
– be aware that if a selling agent tells you they got 3 other offers comming in, it may not be true.
– set some criteria for your negotiation and do not waiver from it.
– Remain detached from your purchase and stick to your rules.
– Don’t get caught up in a bidding war unless you are still in your range.
– patience is the best form of leverage.
– When told by the selling agent that “the market is picking up, has stopped falling, is red hot, lots of activity” tell youreslf they are dyslexic and slowly back away.
– Assume developers will start with higher asking prices. Appearance is everything to them.
– Be creative and put yourself in the seller’s shoes and ask what they need, now, other than the price they want.
– In this market, a strong buyer is almost more important than a high bidder. Demonstrate that you are a strong buyer.
– back up your offer, whatever it is, with data and reason. Comps are not the only reason.
-
March 11, 2008 at 10:23 AM #167670Participant
Asianautica wrote > Getting a deal from an overpriced listing is not really a deal at all.
How true, and yet how many people forget this. My wife has a great term for what’s going on in La Jolla, where we are looking. “Swap Meet Pricing” The seller asks a really high price, and then when they come down the buyer thinks they got a deal.
XBoxBoy
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March 11, 2008 at 10:23 AM #167674Participant
Asianautica wrote > Getting a deal from an overpriced listing is not really a deal at all.
How true, and yet how many people forget this. My wife has a great term for what’s going on in La Jolla, where we are looking. “Swap Meet Pricing” The seller asks a really high price, and then when they come down the buyer thinks they got a deal.
XBoxBoy
-
March 11, 2008 at 10:23 AM #167704Participant
Asianautica wrote > Getting a deal from an overpriced listing is not really a deal at all.
How true, and yet how many people forget this. My wife has a great term for what’s going on in La Jolla, where we are looking. “Swap Meet Pricing” The seller asks a really high price, and then when they come down the buyer thinks they got a deal.
XBoxBoy
-
March 11, 2008 at 10:23 AM #167773Participant
Asianautica wrote > Getting a deal from an overpriced listing is not really a deal at all.
How true, and yet how many people forget this. My wife has a great term for what’s going on in La Jolla, where we are looking. “Swap Meet Pricing” The seller asks a really high price, and then when they come down the buyer thinks they got a deal.
XBoxBoy
-
-
March 11, 2008 at 9:54 AM #167640Participant
The problem I experience so far about finding deals is that buyers out there will prevent you from getting it. All the listing that are priced aggressively always end up with multiple offers and the final price is always above asking. Getting a deal from an overpriced listing I think is not really a deal at all. Anyone have any other experience?
-
March 11, 2008 at 9:54 AM #167644Participant
The problem I experience so far about finding deals is that buyers out there will prevent you from getting it. All the listing that are priced aggressively always end up with multiple offers and the final price is always above asking. Getting a deal from an overpriced listing I think is not really a deal at all. Anyone have any other experience?
-
March 11, 2008 at 9:54 AM #167676Participant
The problem I experience so far about finding deals is that buyers out there will prevent you from getting it. All the listing that are priced aggressively always end up with multiple offers and the final price is always above asking. Getting a deal from an overpriced listing I think is not really a deal at all. Anyone have any other experience?
-
March 11, 2008 at 9:54 AM #167743Participant
The problem I experience so far about finding deals is that buyers out there will prevent you from getting it. All the listing that are priced aggressively always end up with multiple offers and the final price is always above asking. Getting a deal from an overpriced listing I think is not really a deal at all. Anyone have any other experience?
-
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March 11, 2008 at 9:48 AM #167626Participant
Know your seller and his/her motivation.
Get a title report before offering so you know exactly what the encumbrances are.Don’t sweat the details (washer/dryer, drapes, etc.. )
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March 11, 2008 at 9:48 AM #167629Participant
Know your seller and his/her motivation.
Get a title report before offering so you know exactly what the encumbrances are.Don’t sweat the details (washer/dryer, drapes, etc.. )
-
March 11, 2008 at 9:48 AM #167661Participant
Know your seller and his/her motivation.
Get a title report before offering so you know exactly what the encumbrances are.Don’t sweat the details (washer/dryer, drapes, etc.. )
-
March 11, 2008 at 9:48 AM #167728Participant
Know your seller and his/her motivation.
Get a title report before offering so you know exactly what the encumbrances are.Don’t sweat the details (washer/dryer, drapes, etc.. )
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March 11, 2008 at 9:52 AM #167307
sd-maybe
ParticipantGood question. I think builders would be more receptive to extreme lowball moreso than resale, has anyone had success with offering 15%+ off builder’s ask? Not too long ago I had a buddy offered 50K off builder’s ask in SEH…and they accepted. He’s kicking himself for not being more aggressive.
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March 11, 2008 at 9:52 AM #167631Participant
Good question. I think builders would be more receptive to extreme lowball moreso than resale, has anyone had success with offering 15%+ off builder’s ask? Not too long ago I had a buddy offered 50K off builder’s ask in SEH…and they accepted. He’s kicking himself for not being more aggressive.
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March 11, 2008 at 9:52 AM #167634Participant
Good question. I think builders would be more receptive to extreme lowball moreso than resale, has anyone had success with offering 15%+ off builder’s ask? Not too long ago I had a buddy offered 50K off builder’s ask in SEH…and they accepted. He’s kicking himself for not being more aggressive.
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March 11, 2008 at 9:52 AM #167666Participant
Good question. I think builders would be more receptive to extreme lowball moreso than resale, has anyone had success with offering 15%+ off builder’s ask? Not too long ago I had a buddy offered 50K off builder’s ask in SEH…and they accepted. He’s kicking himself for not being more aggressive.
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March 11, 2008 at 9:52 AM #167733Participant
Good question. I think builders would be more receptive to extreme lowball moreso than resale, has anyone had success with offering 15%+ off builder’s ask? Not too long ago I had a buddy offered 50K off builder’s ask in SEH…and they accepted. He’s kicking himself for not being more aggressive.
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