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SD Realtor
ParticipantNo 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.
SD Realtor
ParticipantNo 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.
SD Realtor
ParticipantNo 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.
SD Realtor
ParticipantYour agent works for you and not the other way around. If your agent doesn’t want to submit an offer kindly remind them that you can find other agents who will.
SD Realtor
ParticipantYour agent works for you and not the other way around. If your agent doesn’t want to submit an offer kindly remind them that you can find other agents who will.
SD Realtor
ParticipantYour agent works for you and not the other way around. If your agent doesn’t want to submit an offer kindly remind them that you can find other agents who will.
SD Realtor
ParticipantYour agent works for you and not the other way around. If your agent doesn’t want to submit an offer kindly remind them that you can find other agents who will.
SD Realtor
ParticipantYour agent works for you and not the other way around. If your agent doesn’t want to submit an offer kindly remind them that you can find other agents who will.
SD Realtor
ParticipantRich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.
SD Realtor
ParticipantRich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.
SD Realtor
ParticipantRich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.
SD Realtor
ParticipantRich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.
SD Realtor
ParticipantRich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.
SD Realtor
ParticipantFor kicks, just go ahead and google “food prices” or “sugar prices” or “cotton prices” or “orange juice prices”. While on one hand all of these commodities are intimately tied to oil, they were running up at a pretty fast clip prior to the latest hysteria.
Again, can anyone here tell me that the bill they get from wastewater services has gone down or is only 1% higher this year then it was a year or 2 years ago?
To me, and I am fairly simplistic, the squeezing from one bubble to another bubble to another bubble is obvious. We had stocks overvalued…pop… they seriously depreciated. We had real estate overvalued…pop… depreciated but so much of that securitized (yet depreciated) asset is still out there…so how does that play out… it plays out in the form of deflation? Okay that is fine… so your dollars may buy more of that overinflated asset but I don’t see it buying other commodities.
I do not believe the “demand” for water has skyrocketed so is it correct to say that the price increases we have seen is due to demand? I guess it could be argued that it is due to supply but remember your bill is also tied to sewage and wast collection. Maybe I am wrong and nobody else is experiences these price increases. I do tend to live in my own world.
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