Anonymous
05/16/2014 09:39
Subject: Seller agents
OP: sometimes how "strong"
An offer is makes a difference. Sellers want assurance that the deal will actually close. Buyers can offer over full price, but if they provide minimal earnest money and want other concessions like cash back at closing, sellers won't be confident. I'd rather have a slightly lower offer, but with more earnest money and few concessions, with a quick settlement date.
An offer is makes a difference. Sellers want assurance that the deal will actually close. Buyers can offer over full price, but if they provide minimal earnest money and want other concessions like cash back at closing, sellers won't be confident. I'd rather have a slightly lower offer, but with more earnest money and few concessions, with a quick settlement date.
Anonymous
05/16/2014 09:33
Subject: Seller agents
Some financing options come with stricter appraisal requirements. Also, a small earnest money deposit gives less assurance that buyers won't bail out on the deal.
Closing dates are important because I need the $ from the sale of this house to put towards my next house.
If the deal falls through before settlement, I've wasted time.
Closing dates are important because I need the $ from the sale of this house to put towards my next house.
If the deal falls through before settlement, I've wasted time.
Anonymous
05/16/2014 09:14
Subject: Seller agents
Anonymous wrote:OP: I have gotten a couple of full price offers, but they are coming from buyers who are requesting a lot of concessions: odd financing arrangements, unfavorable closing date, etc. The negotiations are taking a long time and aren't ending in a ratified contract. Agent isn't really keeping me informed. I don't think I'm asking too much for the property, but I don't think my agent is a skilled negotiator.
OP you sound like the problem. If you want your house sold, work with their closing dates. Isn't that worth a full priced offer? Who cares about their financing?
gent.in.nwdc
05/16/2014 00:20
Subject: Seller agents
Anonymous wrote:OP: I have gotten a couple of full price offers, but they are coming from buyers who are requesting a lot of concessions: odd financing arrangements, unfavorable closing date, etc. The negotiations are taking a long time and aren't ending in a ratified contract. Agent isn't really keeping me informed. I don't think I'm asking too much for the property, but I don't think my agent is a skilled negotiator.
Prime borrowers already bought their places a few years ago when rates were rock bottom but credit was tight due to ridiculously high standards. You're going to start seeing sub-optimal and first-time borrowers as the stragglers come into this market as lending standards relax. They're going to have odd financing and other issues because they're not prime and are not sitting on a boatload of cash.
Anonymous
05/15/2014 21:49
Subject: Seller agents
OP: I have gotten a couple of full price offers, but they are coming from buyers who are requesting a lot of concessions: odd financing arrangements, unfavorable closing date, etc. The negotiations are taking a long time and aren't ending in a ratified contract. Agent isn't really keeping me informed. I don't think I'm asking too much for the property, but I don't think my agent is a skilled negotiator.
Anonymous
05/15/2014 21:28
Subject: Seller agents
Anonymous wrote:I felt that way too but mine sold almost at 4 weeks with a full priced offer. Don't despair if you are priced right
I was this pp. I had on average one showing a day until it sold. I had two lowball offers and then a full price. If you have great pictures and write up, then the only reason that it's not showing is the price
Anonymous
05/15/2014 21:26
Subject: Seller agents
If you aren't getting bites, the price is too high. You need to have a discussion with your agent.
Anonymous
05/15/2014 19:59
Subject: Re:Seller agents
Agent.
I update pretty regularly - every day at least in the first week, then every few days.
I update pretty regularly - every day at least in the first week, then every few days.
Anonymous
05/15/2014 19:54
Subject: Seller agents
Did your agent call you out of the blue with an offer after a month on the market? Were there lots of showings in the meantime? I've had a lot of steady foot traffic through the house and feedback has been positive, but buyers aren't biting.
Anonymous
05/15/2014 19:18
Subject: Seller agents
I felt that way too but mine sold almost at 4 weeks with a full priced offer. Don't despair if you are priced right
Anonymous
05/15/2014 19:02
Subject: Seller agents
How much contact do you have with your seller agent? How often do they contact you with updates on marketing and negotiations. I'm beginning to think mine is MIA. The house should be sold by now.