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I haven't read past post 90, but what I haven't seen is this advice:
Furniture and belongings - even if seller wanted to sell them, if it's included in the price of the house, it increases the seller's price that the seller then has to pay tax on. If you want the furnishings gone or to sell them to this or any other buyer, it is ONLY to Buyer's advantage to include that in the purchase price (and mortgage).
If buyer wants the furnishings, it should be a separate contract and not as part of the purchase price. That would also mean Seller gets to value the furniture/furnishings and then negotiate with Buyer.
In the current situation, I suspect Buyer would have no intention of paying separately for the furnishings.
I'd be Noping out of the current situation last night.
We listed our home and had several offers within 24 hours. The one we selected is now coming back to bite us in the rear. The home inspection was completed and several issues came up. One is a big issue that insurance will take care of and we will fix. However, the buyer's realtor won't send over the list of repairs yet. They are wanting us to agree to conditions before we see the report. They are asking for $4000 off asking price and they want almost all of our personal furniture/belongings. The furniture they are asking for is worth over several thousand dollars and about everything is almost brand new. They stayed at the showing for over 3 hours. During this time they went through each room and photographed every personal item they wanted to use as leverage for repairs. I am actually disgusted by what they asked for. I was more than willing to compromise on repairs but they want all our personal belongings. Some things cross a boundary into just plain creepy. We are ready to walk and relist just to get away from this buyer. What is everyone's opinions?
Move on and talk to other bidders, or relist. No sense being jerked around
Move on and talk to other bidders, or relist. No sense being jerked around
Whoops..
See this:
Quote:
Originally Posted by RaRa1015
Told them absolutely no furniture. They reluctantly countered with 5k off. We told them if we could not see the inspection report to justify the discount we would decline their counter. They finally sent it over. We took care of the biggest issue already regardless if we continued with this buyer or not. The next biggest issue was some wood rot around an outside door. The other minor issues were caulking around 1 toilet, a chipped base board, and 1 smoke detector needed a battery replaced. They wanted 5k off for that.
We called a repairman for the wood rot and got a 800-1k quote depending on how severe. We sent a counter offer 1k off initial agreed upon price. We agreed to the one major repair covered by insurance, everything else as is, we would not be negotiating on anything else. They countered back with 3k off. Buyer's agent tried to play hard ball and said they were walking if we didn't accept. We said cool, bye. They held out for several hours and just now accepted and signed the contract.
I have found in the 7 personal residences I have sold over the years I do far better when I step back my personal feelings and go all in making the best business decision for my best outcome. Unless my belongings were tied to family heirlooms and such, I realized they often don't always fit the next home we buy as well as they do the home we bought them for. Our homes are tied to our emotions and the sooner you can separate the two you will do far better.
I do understand where the OP is coming from. I had buyers who wanted everything in my house including a shower curtain - yes, the plastic kind you can buy for a few dollars. I thought, "Great", now I don't have to worry about throwing it out!
When I just start working,I live in a studio ,I bought a bed ,a table with 2 chairs and a mirror.
Someone gave me a couch and delivered free to my apt,it turns out to have cockroaches.
I can see may be liking a couch or coffee table,but personal belongings ?
how many dirty underwear,did they take pictures?
First you catch the fish, then you filet the fish.
Some people only understand the word NO. And they will keep asking until you have the Cajones to say no.
One reason I like email and seldom talk to an agent is because I don't have to listen to all the whining and crying. You and your agent need to find a set.
What is it that John Dutton (Kevin Costner) says in "Yellowstone?" Something along the lines of: "When you say NO, it must be firm, it must be the death of the question. To leave the door even slightly ajar will invite them to continue pressing until there is something to which you cannot say No." Not an exact quote, just a paraphrasing. I thought it a very good piece of advice.
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