Amethyst
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Dec 21, 2008
- Messages
- 12,689
I recently went on a "see what's out there" trip out of state, with a real estate agent. He knew that the chance of selling anything on that trip was minimal, but what do you know - he showed me The House. In a world of oversize, cookie-cutter houses with "safe," inoffensive interior finishes, this is an intelligent contemporary with high quality interior and an ideal floor plan.
In a market where houses reportedly are selling for 92% of the asking price, this one has a price tag that is 16% more than we can possibly pay. I did some research and found that the house went on the market in 2008 and has been listed with 3 agencies, with only one price decrease in all that time. The agent said the owners live out of state and still use this house when they visit the area. I asked him if he could find out anything from the listing agent about the owners' motivation to sell, but he demurred, saying it is unethical to share information about previous offers.
The agent thinks we should go ahead and make an 80% cash offer, just to see if the owners will come down and eventually get to the 85% of price we need. My husband (who also admires the house very much) says in the absence of any indication of seller motivation, we would be foolish to make the offer. Not only would it waste our time; if the sellers came down a little bit, that would be info our agent could use to sell the house to someone else.
What do you think about this?
Thanks,
Amethyst
In a market where houses reportedly are selling for 92% of the asking price, this one has a price tag that is 16% more than we can possibly pay. I did some research and found that the house went on the market in 2008 and has been listed with 3 agencies, with only one price decrease in all that time. The agent said the owners live out of state and still use this house when they visit the area. I asked him if he could find out anything from the listing agent about the owners' motivation to sell, but he demurred, saying it is unethical to share information about previous offers.
The agent thinks we should go ahead and make an 80% cash offer, just to see if the owners will come down and eventually get to the 85% of price we need. My husband (who also admires the house very much) says in the absence of any indication of seller motivation, we would be foolish to make the offer. Not only would it waste our time; if the sellers came down a little bit, that would be info our agent could use to sell the house to someone else.
What do you think about this?
Thanks,
Amethyst