Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Hey I'm in the same boat here. Have my house on Long Island heading into its fourth week on the market. Also got a low ball offer (maybe your potential buyer was the same one as ours, lol). Good luck with your sale.
$70,000 beneath the asking price!!!!! That was the offer
When I sold my house in Downey, CA in January, I received a low-ball offer $110,000 below asking price PLUS she wanted me to throw in my curio grandfather clock (my wedding present!!) on top of that!!!!!!!!!!!!!!! The very next week we received a full price offer, which we accepted. Take heart!! It'll happen!
$70,000 beneath the asking price!!!!! That was the offer
Mine was 25k below list price. And we didn't even price the house high like others are doing. We priced it right, great schools, completely updates, excellent neighborhood. Buyers know they have the upper hand so right now they're comparison shopping to see how much they can get for the lowest dollar.
When I sold my house in Downey, CA in January, I received a low-ball offer $110,000 below asking price PLUS she wanted me to throw in my curio grandfather clock (my wedding present!!) on top of that!!!!!!!!!!!!!!! The very next week we received a full price offer, which we accepted. Take heart!! It'll happen!
110k below asking? And I thought 25k below asking for my house was an insult. Can't believe that. I was told not to take it personally because buyers are going to see whether or not you're desperate to sell. You're lucky u got full price. That's not very common where most of us live.
Location: Charlotte,NC, US, North America, Earth, Alpha Quadrant,Milky Way Galaxy
3,770 posts, read 7,546,909 times
Reputation: 2118
Quote:
Originally Posted by mmdj43
110k below asking? And I thought 25k below asking for my house was an insult. Can't believe that. I was told not to take it personally because buyers are going to see whether or not you're desperate to sell. You're lucky u got full price. That's not very common where most of us live.
How are these offers compared to *last years* offers?
Wow, I don't know how all of you have been doing this so long, I've had my house on the market for 1 week now, and it's driving me crazy! We aren't even with a realtor, because we've been told our house is in such demand (not many ramblers in our area), that we should sell it on our own. We just have a sign in the front yard. We've had 2 couples stop by, and 2 phone inquiries so far. I think we're a little high though. I don't know how long to wait and lower it, we need all the $ we can get for a new house. I'm getting nervous, because schools start so much earlier in N/C and S/C. Stress!! . And here's the clincher. I had a phone call today from a man who wants our house, but is only pre-approved for $265. We are asking $289! But, he's disabled, needs a rambler (none around here), because he can't walk up stairs, and was soooooo sweet! Talk about guilt! I've decided this is no fun!!
How are these offers compared to *last years* offers?
Last Summer in Az you had multiple offers within hours on the market. You had to say we are taking offers until say Saturday and then we will make our decision. They didn't care about inspections or anything they would bid against any bid. I should have sold my house then. Some of the Realtors got really greedy and were posting commissions on the MLS at at like 1% or 1 and a half. These same jokers are now offering 5-6% to sell some of the listings. Greedy builders too offering a flat fee 2500.00 now they are giving big commissions. I lost at least 50,000 by not selling last Summer. My house goes on the market in July and we'll see what happens.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
$70,000 beneath the asking price!!!!! That was the offer
Wow!
