Reply to Can Potential Buyer Ask for Proof of Other Offers?

Forum Index » Real Estate

Reply to "Can Potential Buyer Ask for Proof of Other Offers?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What difference does it make?  Why do you want proof?[/quote]

What kind of idiotic question is this?  :roll:

They want to know so they aren't bidding against themselves! [/quote]

You put in an offer for what you think the house is worth to YOU.  You are not bidding against yourself.  You have your price, you offer it, and that is that.[/quote]

Obviously not a student of economics ... supply/demand, competition, etc.  [/quote]

Nope...I disagree.  A house is worth only what it is worth to YOU.  It can be worth more to another party, it can be worth less to another party.  Just because it's worth more to someone else, doesn't mean you should increase what you're willing to pay.  I'm not saying this is not how the real estate market works.  But it is how many people find themselves paying more than what they though the top of their range was.[/quote]

That's the point though, that people have a range and of course they'd like to get the house for as cheap as possible.  Their willingness to move within that range is where the supply/demand kicks in.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics