Home > Blogs > Georgie Hunter R(S) 58089 > The Maui Hunter Blog about Maui Hawaii

Lowball Offers - Sometimes they work - SOLD on Maui

By Georgie Hunter R(S) 58089

Real Estate Agent with Hawai'i Life Real Estate Brokers HRE# 58089 - RS

July 11, 2008 10:14 AM

SOLD - 3 Bedroom home in Kuau Paia Maui HI

SOLD IN PAIA MAUI HAWAII

You never know what a property will end up selling for. Take for instance this home that was listed for $1,250,000 in Kuau/Paia on Maui. Nothing fancy, just a 3Bed/2Bath home built in 1946 and sitting on a quarter acre very close to the ocean. But the location in this seaside town makes it convenient and desirable, with ocean views and easy ocean access.

Would you have guessed that they would accept an offer of $900,000? That's what it sold for. Quite a big drop from the original asking price don't you think? I think the fact that the buyer had the CASH helps a lot.

So when your buyers suggest a lowball offer that you might cringe at, what do you do? You write it up of course. Let the market respond, and they will soon understand which way the wind blows.

the maui hunter

If you're looking for a home on the north shore of Maui, please let me be your guide. I can provide you with SOLD comps and PENDING activity to help you make an informed decision.

Aloha from Maui - Georgina M. Hunter R(S) e-Pro EMAIL 808 283-0635

"I want to help you reach your Real Estate goals."

Comments(13)

Comment

Show All Comments

Sort:

Mihaela Stoops

Aloha Realty Group - Lahaina, HI

REALTOR - Broker, Your Maui Real Estate Professional

So how much did this sell for? i think they will need special permits to do any remodeling to this house, it may be considered " historic" . I think Victoria had to go through all this. Have a good weekend!

Jul 11, 2008 02:23 PM

Georgie Hunter R(S) 58089

Hawai'i Life Real Estate Brokers - Haiku, HI

Maui Real Estate sales and lifestyle info

Hi Mihaela - they settled for $900,000 - I guess I need to BOLD that part. You have a good weekend too.

Jul 11, 2008 02:34 PM

Pete Jalbert

The Maui Real Estate Team, Inc. - Paia, HI

R(S)

There was another one that closed today out in Hana that went for less than half of asking price. No evidence that it was a bank or short sale. This is a never know unless you make an offer type market.

Jul 11, 2008 02:47 PM

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I always tell buyers to make an offer if they like the house because we never know what the seller will accept.

Jul 11, 2008 11:51 PM

Pete - that's for sure - don't be afraid to make an offer

Gita - sometimes sellers are just so glad to get the offer, they find a way to make it work out.

Jul 12, 2008 03:20 PM

Dan Woodworth

The Connection - Garden City, ID

Encouraging Communicator

Hi Georgina, I saw a similar house in Boise (although much larger) that kept dropping in price and it finally sold. The ocean and cash are major influences!

Jul 12, 2008 04:03 PM

Dan - yup, cash is always a good way to buy a home, money talks.

Jul 14, 2008 02:11 PM

Kathy Clulow

Uxbridge, ON

Trusted For Experience - Respected For Results

Georgina - Cash is king ... and we don't set the market the buyers and sellers along with their given set of circumstances set it.

Jul 15, 2008 11:23 PM

Carol Lee

Dilbeck Real Estate - Oak Park, CA

Realtor - Agoura, Oak Park, Westlake CA Homes

I tell my buyers, what is the worst thing they can do, say no?? Money talks, BS walks!

Jul 18, 2008 04:58 AM

Jon Wnoroski

America's 1st Choice RH Realty Co., Inc. - Green, OH

Summit County Realtor

Making the offer is the first step... whether low ball or not. The seller will respons in one of three ways... and then you go on from there.

Jul 18, 2008 05:02 AM

Kathy - that's right - buyers and sellers determine the market price

Carol - how long can it take them to say no?

Jon - a reasonable seller would probably counter anyway

Jul 19, 2008 02:07 PM

Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional

Charles Rutenberg Realty - Clearwater, FL

Palm Harbor, Dunedin, Clearwater, Safety Harbor

In this market nothing surprises me anymore! Great job selling it!

Jul 21, 2008 05:58 AM

Hi BJ - not my buyer or seller, just an interesting property that I thought was blogworthy.

Jul 24, 2008 10:37 AM

Lowball Offers - Sometimes they work - SOLD on Maui

Comments(13)

Georgie Hunter R(S) 58089

Service Areas

Real Estate Resources

Popular Posts