"The seller has declined your offer, with no counter."
That's the message I received from a recent offer my clients and I had written. Now that's not the first time I've been told that... but it is it the first time, in my extensive career, that I've heard that phrase attached to a "full-price" offer with 20% down.
That's right... the offer was full-price, the buyers were putting 20% down... it was a quick close. The first thought that crossed my mind, other than a couple of choice words, was that they must have had another offer, that we didn't know about.. and must have accepted that other offer.
Nope... no other offer, the listing agent says he doesn't understand... he's just as frustrated as I am. And that, my friends, is pretty darn frustrated. My clients simply refuse (and I don't blame them) to write an above-list-price offer... so we move on.
I hope that they find a buyer who's willing to pay above list price, or bring them a cash offer. The property is still listed, and at the same price. We received no guidance from the listing agent as to what they're looking for... I'm not sure he knows.
Personally, if I were the listing agent, this is a client I'd be firing.
- 13
Comments(137)