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Old 01-08-2014, 09:59 PM
 
28,115 posts, read 63,672,505 times
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An accepted offer only moves you to the next stage...

Good luck and remember it is a process.
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Old 01-09-2014, 05:46 AM
 
51,653 posts, read 25,819,464 times
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Quote:
Originally Posted by elandhunter View Post
Update: The sellers came back with a counter offer at $400 higher than list price. They did not send an actual offer but the listing agent simply said all this in an email to our agent. So shady.

We put in that offer on the other property at full list (the property was already priced very aggressively) and it was accepted the same day. Thanks again for the advice. We would have never thought to ask for a formal signed response from the "sellers who refused to negotiate" on the first property. So glad to be done with the house hunting!
Congratulations.
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Old 01-09-2014, 06:10 AM
 
51,653 posts, read 25,819,464 times
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Quote:
Originally Posted by elandhunter View Post
Update: The sellers came back with a counter offer at $400 higher than list price. They did not send an actual offer but the listing agent simply said all this in an email to our agent. So shady.
That sounds just nuts. Glad you found another house.

We put an offer in on a house and the seller (who was, as luck would have it, also the listing agent) came back with a vicious response about how offended he was. Told our agent she should be ashamed of herself for even presenting such an offer. It was quite bizarre.

Offended? Why would anyone be offended at an offer on home he had put on the market? We had not commented on their outdated kitchen, their odd choices in wall colors, or the nappy, worn carpet. Nor had we said word one about their poor housekeeping practices.

Anyway, we moved on and found another house. They pulled their home off the market a year later.

Strange.
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Old 01-09-2014, 11:37 AM
 
121 posts, read 165,016 times
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Quote:
Originally Posted by GotHereQuickAsICould View Post
We put an offer in on a house and the seller (who was, as luck would have it, also the listing agent) came back with a vicious response about how offended he was. Told our agent she should be ashamed of herself for even presenting such an offer. It was quite bizarre.
Seems to be fairly common, along with "buyer's" agents refusing to make offers the consider too low, and agents lecturing buyers against low balling, condemning buyers as bottom feeders, and begging sympathy for the sellers that paid too much, in any and every situation they can. Most real estate agents and all of the real estate agents that engage in these behaviors are strictly sales people and are committing fraud when they act as "buyer's" agents, a.k.a. Selling Agents. The entire industry needs an overhaul.
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Old 01-09-2014, 12:14 PM
 
51,653 posts, read 25,819,464 times
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Quote:
Originally Posted by searching for prudence View Post
Seems to be fairly common, along with "buyer's" agents refusing to make offers the consider too low, and agents lecturing buyers against low balling, condemning buyers as bottom feeders, and begging sympathy for the sellers that paid too much, in any and every situation they can. Most real estate agents and all of the real estate agents that engage in these behaviors are strictly sales people and are committing fraud when they act as "buyer's" agents, a.k.a. Selling Agents. The entire industry needs an overhaul.
I agree. Our agent made several attempts to get us to up our offer, but we'd looked at nearby comps, price/sq. ft., condition of home and decided this was what the house was worth to us.

The seller acted like we'd called his kids ugly.

Does this "I'm offended" nonsense actually ever work? Do buyers ever respond to this?

This guy had done some odd things to the house that we would have needed to fix. I still remember the two vanities shoved together in the bathroom. It was double sinks all right, but the two vanities was just odd.
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Old 01-09-2014, 01:13 PM
 
Location: Berkeley Neighborhood, Denver, CO USA
17,711 posts, read 29,823,179 times
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Default You will pay more.

Quote:
Originally Posted by elandhunter View Post
wait until Spring.
You will pay more.
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Old 01-09-2014, 02:39 PM
 
121 posts, read 165,016 times
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Quote:
Originally Posted by GotHereQuickAsICould View Post
Does this "I'm offended" nonsense actually ever work? Do buyers ever respond to this?
Given how often it is used and how offend many agents are when you call them out on it in online forums, it must be highly effective on sheeple.
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Old 01-09-2014, 03:01 PM
 
121 posts, read 165,016 times
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Quote:
Originally Posted by davebarnes View Post
You will pay more.
Not so fast, there are warnings that the Austin market may be overvalued, as indicated by Elandhunter's analysis on rents in the area.

http://business.time.com/2013/11/12/...y-be-building/
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Old 01-09-2014, 03:19 PM
 
Location: Columbia SC
14,249 posts, read 14,740,927 times
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I am happy the OP found a home they want.

That said, it is refreshing to see a seller not bending over and grabbing their ankles. Many posters on here are looking for ways to beat the seller up or back out of a deal.
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Old 01-09-2014, 11:31 PM
 
28,115 posts, read 63,672,505 times
Reputation: 23268
Quote:
Originally Posted by searching for prudence View Post
Seems to be fairly common, along with "buyer's" agents refusing to make offers the consider too low, and agents lecturing buyers against low balling, condemning buyers as bottom feeders, and begging sympathy for the sellers that paid too much, in any and every situation they can. Most real estate agents and all of the real estate agents that engage in these behaviors are strictly sales people and are committing fraud when they act as "buyer's" agents, a.k.a. Selling Agents. The entire industry needs an overhaul.
There is no requirement to use brokerage for buying or selling.

I've both bought and sold homes with no agent or broker.

The last one I sold was a simple ad on Craigslist giving date and time of an open house... had 200 fliers and gave each one away in under 4 hours back in 2006... was in Escrow 2 days later and closed within 30 days at 5k over asking.

Had lots of offers to list with discount brokers and said why would I?
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