|
|
We just got low balled on our house--WTF *?&!
07-29-2016, 10:13 AM
|
#141
|
Recycles dryer sheets
Join Date: Sep 2011
Location: MSP
Posts: 304
|
We just got low balled on our house--WTF *?&!
Quote:
Originally Posted by dallas27
Ya, my poor neighbor thought she was being nice to help them landscape in a hurry and help them move out as a last favor, got totally screwed and now is bitter.
|
I don't know. Sounds to me like helping them move out could be a favor to the cul-de-sac.
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
07-29-2016, 01:37 PM
|
#142
|
Full time employment: Posting here.
Join Date: May 2013
Posts: 609
|
Generally price moves homes. If you're under priced you'll quickly get full price competing offers. If you're at market, you'll get offers near asking within 1-3 months. If you're above market you'll attract low ballets. I don't get emotional about deal making; I just try to read the market based on the reactions I get.
Sent from my iPhone using Early Retirement Forum
__________________
Saved 8 figures by my mid-40's as a professional bubble-spotter. Beware...the Fed creates bubble after bubble after bubble.
|
|
|
08-01-2016, 02:19 PM
|
#143
|
Recycles dryer sheets
Join Date: Mar 2011
Posts: 120
|
Interestingly enough, the price dropped today by $50,000.
|
|
|
08-01-2016, 02:52 PM
|
#144
|
Thinks s/he gets paid by the post
Join Date: Jun 2014
Posts: 1,069
|
Quote:
Originally Posted by carnivalday
Interestingly enough, the price dropped today by $50,000.
|
Lol, how did you know?
Sent from my iPhone using Early Retirement Forum
|
|
|
08-07-2016, 06:50 AM
|
#145
|
Recycles dryer sheets
Join Date: Mar 2011
Posts: 120
|
The price cut worked. Seems theres now a pending offer.
|
|
|
08-07-2016, 07:30 AM
|
#146
|
Recycles dryer sheets
Join Date: Jan 2009
Posts: 471
|
Quote:
Originally Posted by harley
One thing to keep in mind is that nobody in their right mind is in FL looking for real estate right now. If you want to get the highest price, take it off the market and put it back on in Nov or so. Just having to go look at a place in mid 90 degree weather with very high humidity would cause me to lowball an offer. Plus, as a property owner in SWFL, the market is not as high as realtors make it seem. I've seen a lot of properties listed, but very few get offers anywhere near the asking price. Seems to me the sellers are living in hopeful land more than reality.
|
I just sold my mother's home in southern AZ this month.
|
|
|
08-07-2016, 12:33 PM
|
#147
|
Administrator
Join Date: Apr 2006
Posts: 22,973
|
Quote:
Originally Posted by carnivalday
The price cut worked. Seems theres now a pending offer.
|
Congrats! Hope everything works out well.
__________________
Living an analog life in the Digital Age.
|
|
|
08-07-2016, 02:12 PM
|
#148
|
Recycles dryer sheets
Join Date: Jan 2011
Posts: 127
|
Yes we did well. Full ask on the price cut. Feel very good!
Sent from my SM-N920V using Early Retirement Forum mobile app
|
|
|
08-07-2016, 02:13 PM
|
#149
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
|
hey congrats!
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
|
|
|
08-07-2016, 02:13 PM
|
#150
|
Recycles dryer sheets
Join Date: Jan 2011
Posts: 127
|
Quote:
Originally Posted by harley
One thing to keep in mind is that nobody in their right mind is in FL looking for real estate right now. If you want to get the highest price, take it off the market and put it back on in Nov or so. Just having to go look at a place in mid 90 degree weather with very high humidity would cause me to lowball an offer. Plus, as a property owner in SWFL, the market is not as high as realtors make it seem. I've seen a lot of properties listed, but very few get offers anywhere near the asking price. Seems to me the sellers are living in hopeful land more than reality.
|
Harley,
Actually you would not believe it but most sales occur march to august and it is consistent last 5 y.
Sent from my SM-N920V using Early Retirement Forum mobile app
|
|
|
08-08-2016, 07:54 AM
|
#151
|
Recycles dryer sheets
Join Date: Apr 2007
Posts: 410
|
Congratulations on your sale. We just accepted an offer on our apartment in Beijing. We put it on the market in mid-May and had one offer fall through because the buyer didn't have the resident status needed to buy in Beijing. The second buyers offered about 3.5% below our asking price, we countered with around 2% under asking price, and they accepted the counter. We will leave them any furniture we cannot sell separately. We also sold the two parking spaces we have in the building separately, so if we add that in we actually sold everything for more than our original asking price.
Will take ages to close due to slow local bureaucracy, and then will need to get the money out of China (will be doable as we will have the tax receipts to show our gains were legal, but it will take lots of paperwork). And then we need to find our US dream house. Hopefully before our current lease runs out at the end of May 2017....
|
|
|
10-14-2016, 01:44 PM
|
#152
|
Recycles dryer sheets
Join Date: Mar 2011
Posts: 120
|
Quote:
Originally Posted by LOL!
I don't think 15% to 17% below asking is a low-ball offer. Is it really?
Suppose they had offered $645K and after any counter offer from you, they simply repeated $645K, what would you have done?
I think it is good to work out scenarios in advance ... war-gaming if you want to call it that.
And if you really want to keep your furniture, tell the buyer who you bought them from in the first place.
|
Interestingly, the final sales price when it closed was $644,000.
|
|
|
10-14-2016, 02:18 PM
|
#153
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
|
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
|
|
|
10-15-2016, 06:02 AM
|
#154
|
Recycles dryer sheets
Join Date: Jul 2012
Posts: 287
|
This worked as it should. Seller had a lot of time, so they put in on the market overpriced just in case they got lucky. The market "spoke", they lower the price and got an offer & Sale. 644K vs 699K. If they had started at 600K they would not have seen the extra $$ but it would have probably sold quickly for 610k or so.
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|