Reply to I am a buying shark and watching desperate sellers, here's what I see and am doing

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Reply to "I am a buying shark and watching desperate sellers, here's what I see and am doing"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]aren't the prices still high at 10% lower? I'm seeing those same houses sit afterward and be lowered again. why not wait?[/quote]

I am bidding 10% lower than their asking[/quote]
How?
Do you pay your realtor for each proposal she writes? Or for the time she wastes[/quote]

Not OP but this worked in 2009-2010 and can work again.  We offered 15% below ask (after price was already reduced once) and landed around 10% below ask.  Don’t be so dismissive.  Realtors are starting to get desperate again so will be ok with all kinds of strategies to close a deal and avoid getting laid off.[/quote]

Prices didn't bottom out until 2012. [/quote]

Not sure what data you’re looking at but 2009 was the clear bottom.

https://fred.stlouisfed.org/series/WDXRSA[/quote]

Agreed and facts. We purchased in 08 however for 300k in NW for a home that was purchased for 498k in 06. 
[/quote]

Nice humble brag.
[/quote]

Wasn’t my intentions. Was just speaking facts.[/quote]

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