Nope! |
|
1. Bears make money.
2. Bulls make money. 3. Pigs get slaughtered. |
As I said yesterday on another thread, we had to go cash/no contingencies to get a sh!tbox in Rockville last year. And another time the year before. |
this is so f-d up, you should not know anything about the buyers except their terms. In normal times, I would be totally fine with normal contingencies. I don't consider these normal times. If you need contingencies, make them as short as possible. |
Enh, I'm pretty confident we got our house over other offers because I was massively pregnant and we wrote a very sweet letter about growing our family in their home. We bought from elderly original owners who were packing up to go live with an adult child, so they probably appreciated the sentimental stuff. |
this defines American capitalism that has prevailed in society since the 1980s, and today we are seeing the impact of the "it's only about me" attitude
|
I’m sorry you got screwed. But to pretend your way is right or normal is the epitome of why people hate the DC area. |
I don’t feel screwed at all. We are making bank renting them out and the neighborhood is appreciating. |
| It's funny that American sellers in hot markets flooded with money being hidden from Chinese/Russian/other authoritarian countries suddenly think they're REAL ESTATE GENIUSES. Y'all just complicit. I mean, us too. All of us. |
This is not just happening in the DC area. It’s happening everywhere where people want to live, because of historically low inventory everywhere. |
I'm a seller and #1 doesn't apply to me. I'm not in a rush and not accepting lowball cash offers from investors. |
|
I can not fathom people criticizing the op. I can't fathom people criticizing capitalism. Is DCUM a forum for socialists?
|
| Within the past 5 months... we bid slightly under ask on a McLean house that is over $1M, there were three other offers. Agent said for each to bring their best offer. We raised our offer to full ask price (with 20% down), BUT STILL had both a home inspection and financing contingency and we got the house. So this seller has ALL the leverage hype isn't the RULE all the time - even in sought after areas of McLean. |
Not sure how good of a capitalist you are if you leave money off the table and accept lowball offers. |
| I will be a soon to be seller in a hot zip code. I don't care who you are or if I like you. I just want the highest net price and a guaranteed timely closing. It's not greed, it's business. |