Reply to How to entice seller to take semi-low offer?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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?[/quote]

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.[/quote]

Sure but that's the way it is done.  You don't have to like it.

I doubt very much OP offered 10 grand lower on a 760 offering.  If he did this thread wouldn't exist[/quote]

Op here, I offered 4% off the asking price.[/quote]

Just curious, if your final offer is 4% off the asking price (e.g. $28K below a $700K list price), then what in the world was your original offer?  -4% is already pretty lowball for a final bid.[/quote]

If the property doesn't have another bid, then the property is overpriced.  A "lowball" offer than is accepted is the right price for that property.  If it wasn't, someone would be paying more, amiright?[/quote]

Depends on the market and how long the property has been on the market.[/quote]

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