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rose825
Best Friends

Member since 6/05 10228 total posts
Name:
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counter offers
do sellers always counter offer???
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Posted 1/20/10 7:52 AM |
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Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
headoverheels
s'il vous plaît

Member since 6/07 42079 total posts
Name: LB
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Re: counter offers
No, not always. We bid on a house that was way over-valued - original everything from 1950 - asking 429K, we offered 400K because we LOVED the house, and they refused to counter. And that wasn't even an unreasonable offer!
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Posted 1/20/10 8:54 AM |
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
Name:
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Re: counter offers
we had a few stubborn people that refused to counter, and we never offered that much less. its a pain becuase you don't know if they are waiting and will respond or if you need to move on
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Posted 1/20/10 9:54 AM |
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ave1024
I Took The Wrong Road

Member since 12/07 6153 total posts
Name: That Led To The Wrong Tendencies
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Re: counter offers
If they feel its a lowball offer they may not bother countering because it lowers their negotiating position.
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Posted 1/20/10 12:01 PM |
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belladi
LIF Adult
Member since 9/06 1011 total posts
Name: diana
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Re: counter offers
Posted by rose825
do sellers always counter offer???
Nope and they dont have too...
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Posted 1/20/10 12:01 PM |
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SummerMom
Now a mom of 2!

Member since 6/07 4970 total posts
Name:
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Re: counter offers
Nope. The first house we bid on was overpriced so we took our friends' (and LIF'ers) advice and offered about 10% under market value for it. With that, we "insulted" the seller and he refused to deal with us.
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Posted 1/20/10 3:59 PM |
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eddiesmommy
best buds!

Member since 5/09 11524 total posts
Name: Melissa
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Re: counter offers
when our house was on the market, there was a RIDICULOUSLY low ball offer and we didnt counter it.
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Posted 1/20/10 7:37 PM |
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