A buyer's agent contacted me about one of my listings and asked "Do you think they'd accept [fill in amount about 15% below their listed price]?"
"Well, I can't speak for my clients, but I'd be surprised if they'd accept that price, today. They only reduced their price by about 10% on Friday, and this is only two days later. We've had quite a few showings, and some serious interest... but why don't you go ahead and put it in writing, and we'll both find out together?"
"Well..." the buyer's agent started with this incredulous tone "you know that 1234 Main Street just sold for [fill in low price], and 5678 Central street just sold for [even lower price]?"
"Yes, but Main Street wasn't upgraded, and Central didn't have a family room, or a garage and it's on a busy street".
"I don't think my clients are gonna pay that much!" [pronounced with attitude].
"That, of course, is their prerogative.
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I'm not a big fan of this method of pre-negotiation. And don't sound so surprised... if you really thought they would accept , you wouldn't have asked . You just would have presented it.
It just doesn't make any sense to me - why bother saying anything, just write up an offer and we'll see where it goes.
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