Verification of “other” offer

[enron_by_the_sea]

How about submitting your best offer with a contingency to see the proof of the other multiple offers???

[SD Realtor]

When you are playing cards and you have a high pair and you think that your opponent may have 3 of a kind you can always ask him to show you 2 of his 3 matching cards. However it is unlikely he will show you.

The problem with all of your logic is that you guys make it sound like buyers are forced to make offers. Please try to be logical. As a buyer nobody is forcing you to make an offer. In fact you can walk away at any time. If you don’t believe the seller then stick to your guns. Why is that so hard to swallow?

If ANY of you were on the other side and you were a seller would you do what you all are suggesting? How do you know the seller didn’t ask his buddy to submit an offer? The problem with the logical alternatives that any of you submit is that they can all be subterfuged with little effort.

Those who are successful buyers put blinders on and do not get swayed by what OTHERS do, by what the listing agents say, or what the bank says. Successful buyers are patient, and they walk away from most every deal, and they wait for the deals to come to them. They… are…. not…. emotional.

All I am trying to do here is present logic.

Rule number 1. DON’T GET EMOTIONAL. The minute you let emotions creep into your negotiations you are more then likely not going to get the “best” deal. If you “love” the home then price is SECOND. If price is a higher issue then love of the home, then set rigid requirements and don’t bend on them.

I don’t mean to be harsh here.. I am just trying to help you reset to a realistic approach. You can try these other suggestions and see what the listing agent says.

[SD Realtor]

When you are playing cards and you have a high pair and you think that your opponent may have 3 of a kind you can always ask him to show you 2 of his 3 matching cards. However it is unlikely he will show you.

The problem with all of your logic is that you guys make it sound like buyers are forced to make offers. Please try to be logical. As a buyer nobody is forcing you to make an offer. In fact you can walk away at any time. If you don’t believe the seller then stick to your guns. Why is that so hard to swallow?

If ANY of you were on the other side and you were a seller would you do what you all are suggesting? How do you know the seller didn’t ask his buddy to submit an offer? The problem with the logical alternatives that any of you submit is that they can all be subterfuged with little effort.

Those who are successful buyers put blinders on and do not get swayed by what OTHERS do, by what the listing agents say, or what the bank says. Successful buyers are patient, and they walk away from most every deal, and they wait for the deals to come to them. They… are…. not…. emotional.

All I am trying to do here is present logic.

Rule number 1. DON’T GET EMOTIONAL. The minute you let emotions creep into your negotiations you are more then likely not going to get the “best” deal. If you “love” the home then price is SECOND. If price is a higher issue then love of the home, then set rigid requirements and don’t bend on them.

I don’t mean to be harsh here.. I am just trying to help you reset to a realistic approach. You can try these other suggestions and see what the listing agent says.

[SD Realtor]

When you are playing cards and you have a high pair and you think that your opponent may have 3 of a kind you can always ask him to show you 2 of his 3 matching cards. However it is unlikely he will show you.

The problem with all of your logic is that you guys make it sound like buyers are forced to make offers. Please try to be logical. As a buyer nobody is forcing you to make an offer. In fact you can walk away at any time. If you don’t believe the seller then stick to your guns. Why is that so hard to swallow?

If ANY of you were on the other side and you were a seller would you do what you all are suggesting? How do you know the seller didn’t ask his buddy to submit an offer? The problem with the logical alternatives that any of you submit is that they can all be subterfuged with little effort.

Those who are successful buyers put blinders on and do not get swayed by what OTHERS do, by what the listing agents say, or what the bank says. Successful buyers are patient, and they walk away from most every deal, and they wait for the deals to come to them. They… are…. not…. emotional.

All I am trying to do here is present logic.

Rule number 1. DON’T GET EMOTIONAL. The minute you let emotions creep into your negotiations you are more then likely not going to get the “best” deal. If you “love” the home then price is SECOND. If price is a higher issue then love of the home, then set rigid requirements and don’t bend on them.

I don’t mean to be harsh here.. I am just trying to help you reset to a realistic approach. You can try these other suggestions and see what the listing agent says.

[SD Realtor]

When you are playing cards and you have a high pair and you think that your opponent may have 3 of a kind you can always ask him to show you 2 of his 3 matching cards. However it is unlikely he will show you.

The problem with all of your logic is that you guys make it sound like buyers are forced to make offers. Please try to be logical. As a buyer nobody is forcing you to make an offer. In fact you can walk away at any time. If you don’t believe the seller then stick to your guns. Why is that so hard to swallow?

If ANY of you were on the other side and you were a seller would you do what you all are suggesting? How do you know the seller didn’t ask his buddy to submit an offer? The problem with the logical alternatives that any of you submit is that they can all be subterfuged with little effort.

Those who are successful buyers put blinders on and do not get swayed by what OTHERS do, by what the listing agents say, or what the bank says. Successful buyers are patient, and they walk away from most every deal, and they wait for the deals to come to them. They… are…. not…. emotional.

All I am trying to do here is present logic.

Rule number 1. DON’T GET EMOTIONAL. The minute you let emotions creep into your negotiations you are more then likely not going to get the “best” deal. If you “love” the home then price is SECOND. If price is a higher issue then love of the home, then set rigid requirements and don’t bend on them.

I don’t mean to be harsh here.. I am just trying to help you reset to a realistic approach. You can try these other suggestions and see what the listing agent says.

[SD Realtor]

When you are playing cards and you have a high pair and you think that your opponent may have 3 of a kind you can always ask him to show you 2 of his 3 matching cards. However it is unlikely he will show you.

The problem with all of your logic is that you guys make it sound like buyers are forced to make offers. Please try to be logical. As a buyer nobody is forcing you to make an offer. In fact you can walk away at any time. If you don’t believe the seller then stick to your guns. Why is that so hard to swallow?

If ANY of you were on the other side and you were a seller would you do what you all are suggesting? How do you know the seller didn’t ask his buddy to submit an offer? The problem with the logical alternatives that any of you submit is that they can all be subterfuged with little effort.

Those who are successful buyers put blinders on and do not get swayed by what OTHERS do, by what the listing agents say, or what the bank says. Successful buyers are patient, and they walk away from most every deal, and they wait for the deals to come to them. They… are…. not…. emotional.

All I am trying to do here is present logic.

Rule number 1. DON’T GET EMOTIONAL. The minute you let emotions creep into your negotiations you are more then likely not going to get the “best” deal. If you “love” the home then price is SECOND. If price is a higher issue then love of the home, then set rigid requirements and don’t bend on them.

I don’t mean to be harsh here.. I am just trying to help you reset to a realistic approach. You can try these other suggestions and see what the listing agent says.

[Anonymous]

This is how my friend Pat handled a near-identical situation last year. YMMV.

He submitted an offer on a house that had recently come on the market. It was not the nicest house, but the price was right. He submitted a full price offer, no contingencies.

His real estate agent called him the next day saying the usual bullshit blah blah blah multiple offers, give us your final and best offer. He knew what he wanted to do, but decided to play along with his real estate agent (a friend of a friend of a friend or somesuch). Asked him what he thought he should do. “I don’t know, maybe 10K, maybe 20K more?” replied his (supposed) buyer’s agent.

This made him really mad. He immediately told the agent to PULL the previous offer and submit a new one 10K LOWER than the previous offer.

Guess what? He got the house at his LOWER price.

Maybe if more buyers played a little hardball in a buyer’s market RE agents will stop with the less-than-honest tactics.

[Anonymous]

This is how my friend Pat handled a near-identical situation last year. YMMV.

He submitted an offer on a house that had recently come on the market. It was not the nicest house, but the price was right. He submitted a full price offer, no contingencies.

His real estate agent called him the next day saying the usual bullshit blah blah blah multiple offers, give us your final and best offer. He knew what he wanted to do, but decided to play along with his real estate agent (a friend of a friend of a friend or somesuch). Asked him what he thought he should do. “I don’t know, maybe 10K, maybe 20K more?” replied his (supposed) buyer’s agent.

This made him really mad. He immediately told the agent to PULL the previous offer and submit a new one 10K LOWER than the previous offer.

Guess what? He got the house at his LOWER price.

Maybe if more buyers played a little hardball in a buyer’s market RE agents will stop with the less-than-honest tactics.

[Anonymous]

This is how my friend Pat handled a near-identical situation last year. YMMV.

He submitted an offer on a house that had recently come on the market. It was not the nicest house, but the price was right. He submitted a full price offer, no contingencies.

His real estate agent called him the next day saying the usual bullshit blah blah blah multiple offers, give us your final and best offer. He knew what he wanted to do, but decided to play along with his real estate agent (a friend of a friend of a friend or somesuch). Asked him what he thought he should do. “I don’t know, maybe 10K, maybe 20K more?” replied his (supposed) buyer’s agent.

This made him really mad. He immediately told the agent to PULL the previous offer and submit a new one 10K LOWER than the previous offer.

Guess what? He got the house at his LOWER price.

Maybe if more buyers played a little hardball in a buyer’s market RE agents will stop with the less-than-honest tactics.

[Anonymous]

This is how my friend Pat handled a near-identical situation last year. YMMV.

He submitted an offer on a house that had recently come on the market. It was not the nicest house, but the price was right. He submitted a full price offer, no contingencies.

His real estate agent called him the next day saying the usual bullshit blah blah blah multiple offers, give us your final and best offer. He knew what he wanted to do, but decided to play along with his real estate agent (a friend of a friend of a friend or somesuch). Asked him what he thought he should do. “I don’t know, maybe 10K, maybe 20K more?” replied his (supposed) buyer’s agent.

This made him really mad. He immediately told the agent to PULL the previous offer and submit a new one 10K LOWER than the previous offer.

Guess what? He got the house at his LOWER price.

Maybe if more buyers played a little hardball in a buyer’s market RE agents will stop with the less-than-honest tactics.

[Anonymous]

This is how my friend Pat handled a near-identical situation last year. YMMV.

He submitted an offer on a house that had recently come on the market. It was not the nicest house, but the price was right. He submitted a full price offer, no contingencies.

His real estate agent called him the next day saying the usual bullshit blah blah blah multiple offers, give us your final and best offer. He knew what he wanted to do, but decided to play along with his real estate agent (a friend of a friend of a friend or somesuch). Asked him what he thought he should do. “I don’t know, maybe 10K, maybe 20K more?” replied his (supposed) buyer’s agent.

This made him really mad. He immediately told the agent to PULL the previous offer and submit a new one 10K LOWER than the previous offer.

Guess what? He got the house at his LOWER price.

Maybe if more buyers played a little hardball in a buyer’s market RE agents will stop with the less-than-honest tactics.

[sdduuuude]

I agree w/ the last post – lower it a bit. Then you’ll know.

Also, even thought the other offer is higer doesn’t mean it is better. If you have shorter closing times, are more likely to get funded quickly, etc then you may be on top already and they are just trying to get more money out of you. So – even if they aren’t lying, and you see proof of the other offer, they may be tricking you.

Too many houses out there to give in to this kind of stuff, I think.

[sdduuuude]

I agree w/ the last post – lower it a bit. Then you’ll know.

Also, even thought the other offer is higer doesn’t mean it is better. If you have shorter closing times, are more likely to get funded quickly, etc then you may be on top already and they are just trying to get more money out of you. So – even if they aren’t lying, and you see proof of the other offer, they may be tricking you.

Too many houses out there to give in to this kind of stuff, I think.

[sdduuuude]

I agree w/ the last post – lower it a bit. Then you’ll know.

Also, even thought the other offer is higer doesn’t mean it is better. If you have shorter closing times, are more likely to get funded quickly, etc then you may be on top already and they are just trying to get more money out of you. So – even if they aren’t lying, and you see proof of the other offer, they may be tricking you.

Too many houses out there to give in to this kind of stuff, I think.

[sdduuuude]

I agree w/ the last post – lower it a bit. Then you’ll know.

Also, even thought the other offer is higer doesn’t mean it is better. If you have shorter closing times, are more likely to get funded quickly, etc then you may be on top already and they are just trying to get more money out of you. So – even if they aren’t lying, and you see proof of the other offer, they may be tricking you.

Too many houses out there to give in to this kind of stuff, I think.

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