Anonymous
07/31/2023 10:17
Subject: Do sellers just not respond to offers anymore?
Anonymous wrote:Could be your realtor is a dud, could be your sellers received all-cash no-contingency offers.
The realtor is a dud. Even if the sellers received better offers, they at least let the other realtors know their buyer's offer wasn't accepted.
I've made many lowball offers in very competitive markets (both with a realtor and without one), and I've always received a response even if it was a rejection. For OP's realtor to claim she didn't receive any response twice means the issue is with the realtor. Either she has a very bad reputation with other realtors, which is unlikely given how corrupt 99.9999% of them are OR she just isn't doing her job. It's probably the latter. She's not following up, or even worse she's not even submitting the offers. Either way, OP needs a new realtor.
Anonymous
07/31/2023 09:34
Subject: Do sellers just not respond to offers anymore?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:They got much better offers, no need to negotiate.
Not OP but this happened to me and the offer was $5k over asking/my offer. I was flummoxed.
Did you have contingencies? Did the other offer have a better realtor who told it better to the seller’s realtor? Did you have a small expiry timeline? How much was your down payment or did the other offer pay all cash? Do you have an escalation clause? All things to consider.
A friend just sold and one offer only offered a three hour offer window then it expired. She did not like the pushiness and waited a day and two other better offers came in. How is your realtor selling it to the seller’s realtor?
No contingencies. Had a respected realtor. Long timeline and also offered a max rent back. 50% cash down. No escalation clause, not that they asked or said a single word to us other than acknowledgment of receiving offer.
Your initial post said re your first offer: "So we upped our offer and adjusted some contingencies in hopes of making it more attractive."
Apparently OP does not know what a contingency is.
And re your second offer: "This week we saw another house the day it went on the market, made what we thought was an attractive offer- $15k over asking, their target closing date, higher earnest money, said we'd pay first $3k of repairs from inspection. "
Those are obviously contingencies.
Anonymous
07/31/2023 09:33
Subject: Re:Do sellers just not respond to offers anymore?
Anonymous wrote:Anonymous wrote:This is very strange, OP. I wonder what firms the listing agents work for? There are some sneaky companies that have a "coming soon" status within their own firm and often sell to people represented by buyer's agents at their own firms. Are you in the DC area?
cough*compass*cough
There is nothing "sneaky" about this. It is called a private exclusive and most, if not all, brokerages do it.
Anonymous
07/31/2023 09:22
Subject: Re:Do sellers just not respond to offers anymore?
This sound scary. OP, what housing areas is this?
Anonymous
07/31/2023 08:21
Subject: Do sellers just not respond to offers anymore?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:They got much better offers, no need to negotiate.
Not OP but this happened to me and the offer was $5k over asking/my offer. I was flummoxed.
Did you have contingencies? Did the other offer have a better realtor who told it better to the seller’s realtor? Did you have a small expiry timeline? How much was your down payment or did the other offer pay all cash? Do you have an escalation clause? All things to consider.
A friend just sold and one offer only offered a three hour offer window then it expired. She did not like the pushiness and waited a day and two other better offers came in. How is your realtor selling it to the seller’s realtor?
No contingencies. Had a respected realtor. Long timeline and also offered a max rent back. 50% cash down. No escalation clause, not that they asked or said a single word to us other than acknowledgment of receiving offer.
Your initial post said re your first offer: "So we upped our offer and adjusted some contingencies in hopes of making it more attractive."
And re your second offer: "This week we saw another house the day it went on the market, made what we thought was an attractive offer- $15k over asking, their target closing date, higher earnest money, said we'd pay first $3k of repairs from inspection. "
Those are obviously contingencies.
Anonymous
07/31/2023 08:08
Subject: Re:Do sellers just not respond to offers anymore?
When we sell, I want to avoid realtors and do a private sale, if possible. If both parties have competent real estate attorneys representing them, what do realtors add? The gamesmanship seems unecessary.
Anonymous
07/31/2023 07:52
Subject: Do sellers just not respond to offers anymore?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My winning bid was 35k above ask, 60 day free rent back with no mortgage contingency.
Free rent backs I hate to do. Buy buyer demanded that the rent back be free or deal off.
Do you mean the seller asked for free rent back? Ours did too, and we said nope, you're not living in our house for free. We still got the house.
Our seller wanted to rent back for 6 months, they were willing to pay market rent but we still retracted the offer.
I would have jumped on that. Mine started with demanding 90 day free rent back. I got him down to 60 day free rent Back
We wanted to move in and not be a landlord.
Anonymous
07/31/2023 07:51
Subject: Do sellers just not respond to offers anymore?
Anonymous wrote:Anonymous wrote:Anonymous wrote:My winning bid was 35k above ask, 60 day free rent back with no mortgage contingency.
Free rent backs I hate to do. Buy buyer demanded that the rent back be free or deal off.
Do you mean the seller asked for free rent back? Ours did too, and we said nope, you're not living in our house for free. We still got the house.
Our seller wanted to rent back for 6 months, they were willing to pay market rent but we still retracted the offer.
I would have jumped on that. Mine started with demanding 90 day free rent back. I got him down to 60 day free rent Back
Anonymous
07/31/2023 07:25
Subject: Do sellers just not respond to offers anymore?
Could be your realtor is a dud, could be your sellers received all-cash no-contingency offers.
Anonymous
07/31/2023 06:42
Subject: Do sellers just not respond to offers anymore?
* that was a different listing
Anonymous
07/31/2023 06:41
Subject: Do sellers just not respond to offers anymore?
Anonymous wrote:Anonymous wrote:My winning bid was 35k above ask, 60 day free rent back with no mortgage contingency.
Free rent backs I hate to do. Buy buyer demanded that the rent back be free or deal off.
Do you mean the seller asked for free rent back? Ours did too, and we said nope, you're not living in our house for free. We still got the house.
Our seller wanted to rent back for 6 months, they were willing to pay market rent but we still retracted the offer.
Anonymous
07/31/2023 06:39
Subject: Do sellers just not respond to offers anymore?
Non contingent and cash offers tend to win but realtor isn't on top of his or her game.
Anonymous
07/31/2023 06:36
Subject: Do sellers just not respond to offers anymore?
This happened to us during bidding frenzy of yesteryears. We offered above asking with a large down payment and loan pre approval AND offer to go higher if there is a written bid showing a higher offer. We still got rejected and turned out our realtor didn't have good negotiation skills. We lost the house and seller lost extra money.
Anonymous
07/31/2023 05:58
Subject: Do sellers just not respond to offers anymore?
No, it's not typical. Your agent doesn't have any insight? There's probably something going on with your agent if this happened twice. Something's off that 1) she can't elicit a response and 2) can't tell you why. I would switch realtors for those two reasons.
Anonymous
07/31/2023 00:26
Subject: Do sellers just not respond to offers anymore?
Anonymous wrote:My winning bid was 35k above ask, 60 day free rent back with no mortgage contingency.
Free rent backs I hate to do. Buy buyer demanded that the rent back be free or deal off.
Do you mean the seller asked for free rent back? Ours did too, and we said nope, you're not living in our house for free. We still got the house.