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Make Your Offer HEFTY HEFTY HEFTY, NOT Wimpy Wimpy Wimpy!

I was in the grocery store yesterday and heard the checker talking to a stocker:
 
"Hey Joe, did you get your house yet?"
 
"Just lost the third bid!"
 
 
Hah! You couldn't PAY ME ENOUGH to get in on THAT conversation, but I knew exactly what was going on.
I don't do much residential, but our market here is flowing just like the Mighty Colorado that runs through it . . .
 
I thought to myself, "His agent is letting him make stupid offers! He'll NEVER get a house till he gets REAL!" LOLZ
 
Why would I think this, being a Mohave County AZ commercial real estate broker?
 
Because after selling hundreds of residential units in my earlier years, and handling a few residential units annually for valued clients, I know exactly what it looks like.
 
Agents do their buyer-clients NO FAVORS making wimpy wimpy wimpy offers! 
 
And it's not ALWAYS about 'sticker price'.
 
Wimpy wimpy wimpy:
 
Low deposit, low return. Too-small earnest deposit is a terrible idea! You might as well say 'I can't scrape up enough skin to even BE in this game!' In almost all instances, the deposit is 'soft' until contingencies are cleared. So what's the problem? Make your deposit 'on the high side of customary for your ... more

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