Anonymous wrote:NP here.
OP does sound like an amateur at this. In what world does an agent have to disclose anything to you when you've not written a contract? Then coyly coming back to say "who says I didn't get the house" with smiley face. You made yourself sound like a tool.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, your question was ridiculous. You are asking if a "potential" buyer can ask for proof of other offers. The answer is no. Not until you have put your offer in writing, you have absolutely no authority at all to see anyone's offer - especially not an offer in email from another alleged buyer that is not in contract form. I advised you to stop putzing around and put your offer in writing with a 1 hour expiration. This is the best advice you have gotten in 4 pages of responses, because it would get you the house and beat the other agent at their own game.
You think the agents are playing games but you are as well - a serious buyer puts an offer in writing in a contract. Right now you're not coming across as serious to the seller or his agent. Put something competitive in writing and watch how this situation changes. Until then, you have no horse in this race.
Not the OP but any thoughts on my follow up question at 09:34? (Sorry to hijack the thread!)
If the pages you receive also include the buyer's agent's name which they should, then you or your agent call them and ask if that was a bonafide offer.
You can't ever stop this, but it would truly take a LOT of effort on someone's part to drive the price up on a contract. But people do it on ebay all the time apparently.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, your question was ridiculous. You are asking if a "potential" buyer can ask for proof of other offers. The answer is no. Not until you have put your offer in writing, you have absolutely no authority at all to see anyone's offer - especially not an offer in email from another alleged buyer that is not in contract form. I advised you to stop putzing around and put your offer in writing with a 1 hour expiration. This is the best advice you have gotten in 4 pages of responses, because it would get you the house and beat the other agent at their own game.
You think the agents are playing games but you are as well - a serious buyer puts an offer in writing in a contract. Right now you're not coming across as serious to the seller or his agent. Put something competitive in writing and watch how this situation changes. Until then, you have no horse in this race.
The question was whether a buyer ever has a right to ask for proof of another offer. Several people answered that question seriously--only when an escalation clause is triggered. Please stop with your heavy handed advice, you're off on a tangent making more false assumptions that I can count. I didn't ask for, nor am I interested in, your negotiation advice.
And that right there OP is why you don't have a house. Good luck to you, but you have zero idea how this works. Clearly. You want "proof" of another offer before you've written one? Amateur.
Back to the false assumptions . . .Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, your question was ridiculous. You are asking if a "potential" buyer can ask for proof of other offers. The answer is no. Not until you have put your offer in writing, you have absolutely no authority at all to see anyone's offer - especially not an offer in email from another alleged buyer that is not in contract form. I advised you to stop putzing around and put your offer in writing with a 1 hour expiration. This is the best advice you have gotten in 4 pages of responses, because it would get you the house and beat the other agent at their own game.
You think the agents are playing games but you are as well - a serious buyer puts an offer in writing in a contract. Right now you're not coming across as serious to the seller or his agent. Put something competitive in writing and watch how this situation changes. Until then, you have no horse in this race.
The question was whether a buyer ever has a right to ask for proof of another offer. Several people answered that question seriously--only when an escalation clause is triggered. Please stop with your heavy handed advice, you're off on a tangent making more false assumptions that I can count. I didn't ask for, nor am I interested in, your negotiation advice.
And that right there OP is why you don't have a house. Good luck to you, but you have zero idea how this works. Clearly. You want "proof" of another offer before you've written one? Amateur.
Anonymous wrote:Anonymous wrote:If i received an offer with a 1 hr time limit, I would just counter back changing the time limit to whatever I wanted.
Right. This is why time limits are pointless, unless you're seriously not going to negotiate further.
Anonymous wrote:Anonymous wrote:OP, your question was ridiculous. You are asking if a "potential" buyer can ask for proof of other offers. The answer is no. Not until you have put your offer in writing, you have absolutely no authority at all to see anyone's offer - especially not an offer in email from another alleged buyer that is not in contract form. I advised you to stop putzing around and put your offer in writing with a 1 hour expiration. This is the best advice you have gotten in 4 pages of responses, because it would get you the house and beat the other agent at their own game.
You think the agents are playing games but you are as well - a serious buyer puts an offer in writing in a contract. Right now you're not coming across as serious to the seller or his agent. Put something competitive in writing and watch how this situation changes. Until then, you have no horse in this race.
Not the OP but any thoughts on my follow up question at 09:34? (Sorry to hijack the thread!)
Anonymous wrote:Anonymous wrote:OP, your question was ridiculous. You are asking if a "potential" buyer can ask for proof of other offers. The answer is no. Not until you have put your offer in writing, you have absolutely no authority at all to see anyone's offer - especially not an offer in email from another alleged buyer that is not in contract form. I advised you to stop putzing around and put your offer in writing with a 1 hour expiration. This is the best advice you have gotten in 4 pages of responses, because it would get you the house and beat the other agent at their own game.
You think the agents are playing games but you are as well - a serious buyer puts an offer in writing in a contract. Right now you're not coming across as serious to the seller or his agent. Put something competitive in writing and watch how this situation changes. Until then, you have no horse in this race.
The question was whether a buyer ever has a right to ask for proof of another offer. Several people answered that question seriously--only when an escalation clause is triggered. Please stop with your heavy handed advice, you're off on a tangent making more false assumptions that I can count. I didn't ask for, nor am I interested in, your negotiation advice.
Anonymous wrote:If i received an offer with a 1 hr time limit, I would just counter back changing the time limit to whatever I wanted.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:What difference does it make? Why do you want proof?
What kind of idiotic question is this?![]()
They want to know so they aren't bidding against themselves!
You put in an offer for what you think the house is worth to YOU. You are not bidding against yourself. You have your price, you offer it, and that is that.
Obviously not a student of economics ... supply/demand, competition, etc.
Nope...I disagree. A house is worth only what it is worth to YOU. It can be worth more to another party, it can be worth less to another party. Just because it's worth more to someone else, doesn't mean you should increase what you're willing to pay. I'm not saying this is not how the real estate market works. But it is how many people find themselves paying more than what they though the top of their range was.
Anonymous wrote:If i received an offer with a 1 hr time limit, I would just counter back changing the time limit to whatever I wanted.