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Real Estate
Reply to "Seller counters above list price?"
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[quote=Anonymous]Agent here, and someone who this has happened to. I offered full list price on a condo years ago with no contingencies. The seller rejected it because they wanted more money from me to "prove" I wanted the house. I said no and walked. The next day they came back and said they would take my offer. I do not personally nor do I ever advise clients to bid against no one/themselves. And you are not in a bidding war, you would be bidding against yourself. Stupid. Your instinct is right here. Walk. The post script to my story is that shortly after I settled, the market took a dive (2006!) and that extra $10K they suggested is where my market value hovered for the next 8 years until just last year when I can possibly break even now. Don't do it. Don't do it. Don't do it. Don't entertain greedy sellers and don't listen to the dribble about "if you want the house what's an extra $30,000?" It's $30,000 MORE you will have to achieve in market value gains when you want to sell.[/quote]
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