The waiting game played with absolutely no patience.
I haven't been posting lately mainly because we've been spending a lot of our time trying to find a place to live in the city--without much success.
We put an offer on one place a few weeks ago, and I really and truly thought that our offer was actually more than fair, and would be snapped up in an instant...but then they negotiated by coming down on their original price by two cents, and wouldn't budge.
(And that was exactly what happened on our Michigan place too--which I also thought was strange... Don't people price their homes, knowing there is a negotiation process?**)
**Thanks to the input of the anonymous/angry real-estate girl in the comment below and then my own husband, I apparently need to clarify that in the case of both of these properties, according to market comps, they were overpriced and on the market for a long period of time. That is why when they came down by two cents, it seemed greedy, stubborn or stupid, and possibly all three.
So anyway...that one went away...and I'd just about given up and decided we should rent...and then Thursday, we saw three in the same building that were very cool.
Then, we bid on the "pipe dream" one we liked the best but couldn't afford at their price, and knew we would probably get immediately rejected. Only they appear to be considering our offer...the key word being "appear."
The problem is, we've gone back and forth now between our realtors, and since they didn't just laugh at us...I now have it in my head that we actually have a chance of getting it...which we probably don't. But, the realtors say things like, "I think we're close" which means...absolutely nothing.
So, now, I've totally gotten my hopes up, and I'm not as excited about making an offer on the one that is the much better deal, almost as nice, etc.
Had these people just said No from the get go, I would totally be excited about the other place. Brendan says I should never go to Mexico because I have no bartering skills.
Brendan está correcto. Voy loco.
We put an offer on one place a few weeks ago, and I really and truly thought that our offer was actually more than fair, and would be snapped up in an instant...but then they negotiated by coming down on their original price by two cents, and wouldn't budge.
(And that was exactly what happened on our Michigan place too--which I also thought was strange... Don't people price their homes, knowing there is a negotiation process?**)
**Thanks to the input of the anonymous/angry real-estate girl in the comment below and then my own husband, I apparently need to clarify that in the case of both of these properties, according to market comps, they were overpriced and on the market for a long period of time. That is why when they came down by two cents, it seemed greedy, stubborn or stupid, and possibly all three.
So anyway...that one went away...and I'd just about given up and decided we should rent...and then Thursday, we saw three in the same building that were very cool.
Then, we bid on the "pipe dream" one we liked the best but couldn't afford at their price, and knew we would probably get immediately rejected. Only they appear to be considering our offer...the key word being "appear."
The problem is, we've gone back and forth now between our realtors, and since they didn't just laugh at us...I now have it in my head that we actually have a chance of getting it...which we probably don't. But, the realtors say things like, "I think we're close" which means...absolutely nothing.
So, now, I've totally gotten my hopes up, and I'm not as excited about making an offer on the one that is the much better deal, almost as nice, etc.
Had these people just said No from the get go, I would totally be excited about the other place. Brendan says I should never go to Mexico because I have no bartering skills.
Brendan está correcto. Voy loco.
posted by Heather Gately at 11:10 AM
2 Comments:
I've been in the process of selling my house now for about 30 days. I really wanted to sell it and priced it at the low end of what my realtor said it should sell for. Then, we get people like you coming by that think just because the price of something is $100 you should be able to get it for $90 based upon absolutely nothing but the fact that you want to negotiate. Hello, base your bid on comps not the asking price.
Hey, I'm not saying that. And, we also just sold our place and know how it goes.
But, when you price your place at about $40k higher than any other comps b/c you put in a Miele washer and dryer five years ago, and you spend 9 months on the market refusing to budge, you might need to come down from la-la land.
But that's just my non-anonymous opinion.
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