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Real Estate
Reply to "Agent urged us to underprice our house now we regret it"
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[quote=Anonymous]Also, what are the terms of your home sale contingency? You have a full priced offer (not the one you wanted, but still a full priced offer). Could you be in breach of your contract on your new home purchase of you refuse to accept a reasonable offer on your home? I imagine there is some sort of good faith requirement to accept an offer I agree with what a PP said to see if your realtor will chip in part of her commission, especially if she’s your buyer’s agent too. It will be less work for her than starting over so she may be willing to help get this deal to go through. Also, how strong was the full priced offer? Do they have strong financials, willing to waive any contingencies, etc? Maybe you could counter for terms that would be to your benefit (such as informational only home inspection) so you don’t have to sink money into doing any repairs? [/quote]
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