Quote:
Originally Posted by BillTex
Since this is a broad real estate thread, i will throw this out for comments. If not appropriate to the OP please let me know.
I’ll note that DW and I were both licensed real estate agents years back, so we know a little bit about real estate.
Friend of ours looking to relocate to northeast from Chicago. Has a “private showing” yesterday.
Customer offers $50k > listing. (You think she’d be dancing…)
Our friend’s agent suggests she counters by asking for $10k more!?
I say that is crazy! Take the offer and be happy. I think she risks losing the sale for a lousy $10k. She was already offered $50k over list.
I dont know the Chicago market, i dont know if there are any contingencies.
I think her agent is:
* trying to cover up a poor original listing price
* greedy
In any case, I have never heard of a seller counter offering an over list price offer by asking for more!?
What say you?
|
It seems like we are missing some of the story here. Unless there is a competitive process going on, on unless the house is not yet on the market and they are expecting a competitive process, this does not make sense from either direction:
Why list for less than you'd accept?
Why offer more than asking price?