Do sellers just not respond to offers anymore?

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is very strange, OP. I wonder what firms the listing agents work for? There are some sneaky companies that have a "coming soon" status within their own firm and often sell to people represented by buyer's agents at their own firms. Are you in the DC area?

cough*compass*cough

Cough, cough. They are getting buyers into very bad situations and blaming the market.

Caveat emptor.

[Anonymous]

Anonymous wrote:OP here- it was a 93 year old house. We definitely couldn't afford to gamble on that with no contingencies.

that's why people do pre-inspections-- you know what the issues are but your sale isn't contingent on the sellers doing anything about it.

i bought in early 2020 so market was less crazy that now but we did "inspection to void" contingency with 24 hours to get inspected. aka we did the inspection but it only allowed us to leave the deal, not to negotiate them paying for fixes

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP here- it was a 93 year old house. We definitely couldn't afford to gamble on that with no contingencies.

that's why people do pre-inspections-- you know what the issues are but your sale isn't contingent on the sellers doing anything about it.

i bought in early 2020 so market was less crazy that now but we did "inspection to void" contingency with 24 hours to get inspected. aka we did the inspection but it only allowed us to leave the deal, not to negotiate them paying for fixes

but the fact that your realtor hasn't explained any of this to you makes me think you need a new realtor- even in 2019 our relator was suggesting no contingencies on offers to be competitive

[Anonymous]

Op, we've been through 3 realtors in the area (long story) but all said the winning offers are no contingencies and as much over asking as you can stomach.

[Anonymous]

Anonymous wrote:

Anonymous wrote:They got much better offers, no need to negotiate.

Not OP but this happened to me and the offer was $5k over asking/my offer. I was flummoxed.

Why? Someone offered more money than you, why would a seller accept 5k less?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is very strange, OP. I wonder what firms the listing agents work for? There are some sneaky companies that have a "coming soon" status within their own firm and often sell to people represented by buyer's agents at their own firms. Are you in the DC area?

cough*compass*cough

There is nothing "sneaky" about this. It is called a private exclusive and most, if not all, brokerages do it.

Only now I know you're Compass because they're the only ones that call it private exclusive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is very strange, OP. I wonder what firms the listing agents work for? There are some sneaky companies that have a "coming soon" status within their own firm and often sell to people represented by buyer's agents at their own firms. Are you in the DC area?

cough*compass*cough

Cough, cough. They are getting buyers into very bad situations and blaming the market.

Caveat emptor.

Can you explain? Genuinely curious what this means.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is very strange, OP. I wonder what firms the listing agents work for? There are some sneaky companies that have a "coming soon" status within their own firm and often sell to people represented by buyer's agents at their own firms. Are you in the DC area?

cough*compass*cough

There is nothing "sneaky" about this. It is called a private exclusive and most, if not all, brokerages do it.

Only now I know you're Compass because they're the only ones that call it private exclusive.

Not true. Long and Foster does too - https://www.longandfoster.com/Luxury/pages/private-exclusive

[Anonymous]

House was popular. Op’s bid wasn’t good enough. If less popular house OP would get a response

[Anonymous]

Bad realtor, plain and simple. They should at least get an answer to your offer, even if it's a No. Common professional courtesy.

[Anonymous]

If you didn’t even hear back, it means they had multiple offers way better than yours. Your realtor really should be able to tell you that though.

[Anonymous]

Anonymous wrote:OP here- it was a 93 year old house. We definitely couldn't afford to gamble on that with no contingencies.

We just sold a house and every single one of our five offers did a pre-inspection. Most of those were full inspections, too, not the cheap walk and talk kind.