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How to throw away $27,000
Venting blog, consider yourself warned.
 
Two years ago I listed a home south of town for a couple, they were moving on a job relocation.  I'd sold the home about 10 years back, it's a cute little one-level home out in the country on one acre.  At the time the market was going pretty crazy as people were frantically scooping up houses while the tax credits existed for first time home buyers.  This house was an ideal home for first-timers.
After some research and discussion we decided to list the home for $195,000.  The market response was slow through the winter but picked up rapidly in the spring of 2010.  As the tax credit deadline approached our number of showings went way up and finally, just two days before buyer's had to get a sale "under contract" to get the tax credit, we got an offer.  It was $10,000 under asking and after some skillful negotiating we got the buyers to come up to $191,000 - just $4,000 off our asking.  However my seller still was unsatisfied.
On May 29th we got in a huge argument on the phone, my seller wanted $193,000 or else he'd wait for more money ... more

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