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What do you think

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LDrinkh20
LIF Adult

Member since 9/09

1820 total posts

Name:
Lauren

What do you think

So we put an offer in on a house today. It was listed at 499,000 and our agent made the offer for 450 figuring they would definitely counter. Instead of counter offering their agent called ours and asked him to come over to the house tomorrow night and "present the offer himself." What the heck does that mean? If you are s taken aback by our "low" offer than counter off and see what we can work out, why would they have our agent come there and meet with them?? Anyone ever experience this?

Posted 10/17/10 5:09 PM
 
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want2beamom
Love my boys soooo much!!!

Member since 8/06

10164 total posts

Name:
True love doesn't end with happily ever after...

Re: What do you think

no I have never heard of that. And in todays market, EVERYONE starts out low it seems. We are actually thinking about selling/buying, and we know what we want to accept, so we will def. post it for higher because EVERYONE negotiates.

I think that's strange?!?!?!?

Posted 10/17/10 5:12 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: What do you think

not strange at all

the buyers agent is allowed to present offers in person and while it's not the norm these days I can see how an in person neg can be benefical to both the buyer and seller

Posted 10/17/10 5:21 PM
 

LDrinkh20
LIF Adult

Member since 9/09

1820 total posts

Name:
Lauren

Re: What do you think

Posted by Beth

not strange at all

the buyers agent is allowed to present offers in person and while it's not the norm these days I can see how an in person neg can be benefical to both the buyer and seller




Ok thanks..Im just feeling worried that its a pointless meeting

Posted 10/17/10 5:22 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: What do you think

Posted by LDrinkh20

Posted by Beth

not strange at all

the buyers agent is allowed to present offers in person and while it's not the norm these days I can see how an in person neg can be benefical to both the buyer and seller




Ok thanks..Im just feeling worried that its a pointless meeting



if the sellers agent didn't think it was a decent offer why would they want to waste their clients time, their time and your agents time?

I would see this as a good sign

I was taught you should push to present your offer in person- people just don't do it these days with faxes and emails- but it is the way it used to be done

Posted 10/17/10 5:29 PM
 

LDrinkh20
LIF Adult

Member since 9/09

1820 total posts

Name:
Lauren

Re: What do you think

That's what I hoped too but our agent said the listing agent seemed taken aback by the offer..that it was too low. It wouldnt make sense for him to go if it was a waste of time...I had just never heard of this before. Thank you so much for your advice.

Posted 10/17/10 5:55 PM
 

Bearcat
Love my little girls!!! <3

Member since 6/10

10818 total posts

Name:
E

Re: What do you think

wow, he's going old school on you! i think it's a positive sign. Chat Icon

Posted 10/17/10 5:56 PM
 

LDrinkh20
LIF Adult

Member since 9/09

1820 total posts

Name:
Lauren

Re: What do you think

Posted by Bearcat

wow, he's going old school on you! i think it's a positive sign. Chat Icon



Hahaha thanks!

Posted 10/17/10 5:58 PM
 

LDrinkh20
LIF Adult

Member since 9/09

1820 total posts

Name:
Lauren

Re: What do you think

Posted by Beth

Posted by LDrinkh20

Posted by Beth

not strange at all

the buyers agent is allowed to present offers in person and while it's not the norm these days I can see how an in person neg can be benefical to both the buyer and seller




Ok thanks..Im just feeling worried that its a pointless meeting



if the sellers agent didn't think it was a decent offer why would they want to waste their clients time, their time and your agents time?


I would see this as a good sign

I was taught you should push to present your offer in person- people just don't do it these days with faxes and emails- but it is the way it used to be done



I just read you were an agent...this makes me feel much better. I'd be curious to see what you think the house we bid on is worth! If you have a moment and want to take a look let me know! Chat Icon thanks!

Posted 10/17/10 6:30 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: What do you think

sure FM me the MLS #

Posted 10/17/10 6:53 PM
 

KittyGags
LIF Adult

Member since 7/09

5614 total posts

Name:

Re: What do you think

Good luck Lauren!

This is how we got our house!!!!!!!!! The in person neg is a good sign...at mine we discussed the terms of the deal, what we had to put down, if the offer was contingent on the sale of our co-op, etc...

Posted 10/17/10 8:34 PM
 

LDrinkh20
LIF Adult

Member since 9/09

1820 total posts

Name:
Lauren

Re: What do you think

Posted by KittyGags

Good luck Lauren!

This is how we got our house!!!!!!!!! The in person neg is a good sign...at mine we discussed the terms of the deal, what we had to put down, if the offer was contingent on the sale of our co-op, etc...



We aren't going though...just our agent...is that bad?!?! Eek!!! THanks hun!

Posted 10/17/10 8:46 PM
 

KittyGags
LIF Adult

Member since 7/09

5614 total posts

Name:

Re: What do you think

Posted by LDrinkh20

Posted by KittyGags

Good luck Lauren!

This is how we got our house!!!!!!!!! The in person neg is a good sign...at mine we discussed the terms of the deal, what we had to put down, if the offer was contingent on the sale of our co-op, etc...



We aren't going though...just our agent...is that bad?!?! Eek!!! THanks hun!



Not as long as you trust your agent! We couldn't agree on a price so we had a "sit down" hahah

Posted 10/17/10 9:49 PM
 
 
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