Anonymous
Post 02/12/2022 10:26     Subject: Can i wait for the open house
Anonymous wrote:Agent here. I get exploding offers all the time and wait until the deadline. If early offer people really want the house, you can get more out of them at the deadline. Last week I had a house at $975,000 and received an exploding offer at $1,050,000. Waited for deadline and that offer came back at $1,150,000 and it bid up an all cash offer significantly. We went with the slightly less all cash offer.

Usually people with exploding offers cannot compete with all cash or have other issues. Wait for better offers before taking their offer.

Lol. I think I bid on this house. Estate sale in North Arlington?
Anonymous
Post 02/12/2022 09:37     Subject: Re:Can i wait for the open house
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:When we were looking, we liked to do an initial showing before the open house, have the agent let us know if they get any offers before, then use the open house as a “second look”. It worked out well


This is good. We've done confidential offers or whatever it's called where is take it or leave it and they're not allowed to disclose the amount or even the existence of the offer to other prospective buyers or their agents


Depends on what the listing agreement says. If sellers say agents can disclose the existence of other offers, what are you going to do? Withdraw your offer? Petulance does not work in this market.


Money talks. No one ascribes petulance to the highest offer with no contingencies.
Anonymous
Post 02/12/2022 08:32     Subject: Re:Can i wait for the open house
Anonymous wrote:
Anonymous wrote:When we were looking, we liked to do an initial showing before the open house, have the agent let us know if they get any offers before, then use the open house as a “second look”. It worked out well


This is good. We've done confidential offers or whatever it's called where is take it or leave it and they're not allowed to disclose the amount or even the existence of the offer to other prospective buyers or their agents


Depends on what the listing agreement says. If sellers say agents can disclose the existence of other offers, what are you going to do? Withdraw your offer? Petulance does not work in this market.
Anonymous
Post 02/12/2022 08:29     Subject: Can i wait for the open house
Agent here. I get exploding offers all the time and wait until the deadline. If early offer people really want the house, you can get more out of them at the deadline. Last week I had a house at $975,000 and received an exploding offer at $1,050,000. Waited for deadline and that offer came back at $1,150,000 and it bid up an all cash offer significantly. We went with the slightly less all cash offer.

Usually people with exploding offers cannot compete with all cash or have other issues. Wait for better offers before taking their offer.
Anonymous
Post 02/12/2022 08:07     Subject: Re:Can i wait for the open house
Anonymous wrote:When we were looking, we liked to do an initial showing before the open house, have the agent let us know if they get any offers before, then use the open house as a “second look”. It worked out well


This is good. We've done confidential offers or whatever it's called where is take it or leave it and they're not allowed to disclose the amount or even the existence of the offer to other prospective buyers or their agents
Anonymous
Post 02/12/2022 05:38     Subject: Re:Can i wait for the open house
When we were looking, we liked to do an initial showing before the open house, have the agent let us know if they get any offers before, then use the open house as a “second look”. It worked out well
Anonymous
Post 02/12/2022 00:15     Subject: Can i wait for the open house
link?
Anonymous
Post 02/11/2022 23:15     Subject: Can i wait for the open house
Anonymous wrote:i can't tell if what they have listed as the office is a garage conversion. anyone go?


No the office isn't the garage. There's still a garage. Looks like the office used to be a breezeway that got filled in.
Anonymous
Post 02/11/2022 23:11     Subject: Can i wait for the open house
i can't tell if what they have listed as the office is a garage conversion. anyone go?
Anonymous
Post 02/11/2022 23:10     Subject: Can i wait for the open house
Anonymous wrote:
Anonymous wrote:oh this is harrison. it'll go over, idk by a lot tho.

owners would be dumb to not let it go through the offer deadline. they never know what they'll get in this market.

probably 1.2


Wut. For a tear down?


yup, see the other close in wars lately.
Anonymous
Post 02/11/2022 23:09     Subject: Can i wait for the open house
Anonymous wrote:oh this is harrison. it'll go over, idk by a lot tho.

owners would be dumb to not let it go through the offer deadline. they never know what they'll get in this market.

probably 1.2


Wut. For a tear down?
Anonymous
Post 02/11/2022 23:07     Subject: Can i wait for the open house
oh this is harrison. it'll go over, idk by a lot tho.

owners would be dumb to not let it go through the offer deadline. they never know what they'll get in this market.

probably 1.2
Anonymous
Post 02/11/2022 23:02     Subject: Can i wait for the open house
Anonymous wrote:It’s been a caravan of showings for 2 days now. I highly doubt it’ll last till Sunday even though it’s says offers due on the 15th.


How do you know this? Are you the next door neighbor and can I buy your house?
Anonymous
Post 02/11/2022 19:04     Subject: Can i wait for the open house
It’s been a caravan of showings for 2 days now. I highly doubt it’ll last till Sunday even though it’s says offers due on the 15th.
Anonymous
Post 02/11/2022 19:02     Subject: Can i wait for the open house
Anonymous wrote:The way we got our home was to aggressively put in an offer with few contingencies the day it listed, under the condition that the open house was cancelled. It worked and we got it.


That wouldn’t fly today, in this market. We got a similar offer and declined it. Got a couple much better offers the next day.