How to entice seller to take semi-low offer?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you should be prepared to lose the home - haggling over a few thousand dollars is silly and a waste of both your time. If I were the seller I'd likely pass on your offer for that reason.

Most of the time people who are difficult in the initial negotiations are a PITA all the way through the long process (inspections, etc.).

If your house was sitting for many months, wouldn’t you just let that few thousand go?

People are irrational about the price they will sell their homes for.

And th OP is being irrational about the price as well. Just go up if you want the house.

In a buyers market, are Redfin estimates somewhat accurate?

I don't think they're accurate in any market, especially DC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you should be prepared to lose the home - haggling over a few thousand dollars is silly and a waste of both your time. If I were the seller I'd likely pass on your offer for that reason.

Most of the time people who are difficult in the initial negotiations are a PITA all the way through the long process (inspections, etc.).

If your house was sitting for many months, wouldn’t you just let that few thousand go?

People are irrational about the price they will sell their homes for.

And th OP is being irrational about the price as well. Just go up if you want the house.

In a buyers market, are Redfin estimates somewhat accurate?

Is this what you're basing your lowball on?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you should be prepared to lose the home - haggling over a few thousand dollars is silly and a waste of both your time. If I were the seller I'd likely pass on your offer for that reason.

Most of the time people who are difficult in the initial negotiations are a PITA all the way through the long process (inspections, etc.).

If your house was sitting for many months, wouldn’t you just let that few thousand go?

People are irrational about the price they will sell their homes for.

And th OP is being irrational about the price as well. Just go up if you want the house.

In a buyers market, are Redfin estimates somewhat accurate?

Is this what you're basing your lowball on?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you should be prepared to lose the home - haggling over a few thousand dollars is silly and a waste of both your time. If I were the seller I'd likely pass on your offer for that reason.

Most of the time people who are difficult in the initial negotiations are a PITA all the way through the long process (inspections, etc.).

If your house was sitting for many months, wouldn’t you just let that few thousand go?

People are irrational about the price they will sell their homes for.

And th OP is being irrational about the price as well. Just go up if you want the house.

In a buyers market, are Redfin estimates somewhat accurate?

Is this what you're basing your lowball on?

My low ball offer is a few grand below the estimate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op here, it is a buyers market here, not in dc

Then why don't you move on? If you love the home, pay for it.

Exactly.

Yup another entitled buyer gtfo

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you should be prepared to lose the home - haggling over a few thousand dollars is silly and a waste of both your time. If I were the seller I'd likely pass on your offer for that reason.

Most of the time people who are difficult in the initial negotiations are a PITA all the way through the long process (inspections, etc.).

If your house was sitting for many months, wouldn’t you just let that few thousand go?

People are irrational about the price they will sell their homes for.

And th OP is being irrational about the price as well. Just go up if you want the house.

In a buyers market, are Redfin estimates somewhat accurate?

Is this what you're basing your lowball on?

My low ball offer is a few grand below the estimate.

Zillow and Redfin estimates don't mean anything. Where are you in terms of actual comps?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op here, it is a buyers market here, not in dc

Then why don't you move on? If you love the home, pay for it.

Exactly.

Yup another entitled buyer gtfo

Did you lose money when the market crashed years ago?

[Anonymous]

Man this is an entitled buyer. I would pass on this buyer just because he will nickle and dime you for everything on the inspection report.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you should be prepared to lose the home - haggling over a few thousand dollars is silly and a waste of both your time. If I were the seller I'd likely pass on your offer for that reason.

Most of the time people who are difficult in the initial negotiations are a PITA all the way through the long process (inspections, etc.).

If your house was sitting for many months, wouldn’t you just let that few thousand go?

People are irrational about the price they will sell their homes for.

And th OP is being irrational about the price as well. Just go up if you want the house.

In a buyers market, are Redfin estimates somewhat accurate?

Is this what you're basing your lowball on?

My low ball offer is a few grand below the estimate.

I live in a buyer's market. Redfin is notoriously low. Usually nothing sells for the Redfin even here in this dying rustbelt.

[Anonymous]

Anonymous wrote:Man this is an entitled buyer. I would pass on this buyer just because he will nickle and dime you for everything on the inspection report.

This. The offer is usually the easier part of the process. If the buyer is this much of a stickler early on, it will only go downhill from there. If you can't flex a few grand up front, who knows what will come up during inspection that you cannot afford to deal with. Find a property more within your budget.

[Anonymous]

Anonymous wrote:the only way to make it more enticing is to raise it.

I'd raise mine a little. You were dumb to offer the highest you were willing to pay as an opening offer. Does no one understand the basics of bargaining any more?

Or what, the cartoonish version of meeting in the middle? Uh, I offered 750k on a 760k listing, and we settled on 755k? Win one for the realtors. That’s fake bargaining — kabuki theater.

[Anonymous]

You can't make anyone accept your offer. Obviously it's not the buyers offer you think it is. And if someone tried to use a Redfin estimate to buy my house I would laugh. It's 100k off

[Anonymous]

OP - your offer isn't a "semi-low" offer. It's a lowball offer.

[Anonymous]

Raise your offer by 5000. Have your new offer expire in 48 h. Remove as many contingencies as possible. You need to put some pressure - that is why offer should expire in 48 h.

[Anonymous]

The only way I'd take a lowball offer is if they removed all contingencies and waived an inspection. Otherwise I think they're going to want 25k or so back from the inspection.