After being in RE for a while, there are many responses to this question. Some rude and condescending, some were not presented to the sellers and some rejected immediately by the listing agent. No that is not the way it is done. All offers in writing have to be presented. And it is the seller who makes the decision. Recently we received a written offer along with a laundry list of reasons why the buyer's offer was so low and a note that this offer was not meant as an insult. You cannot insult me with (28 comments)
This is almost always the second question after asking for the price.
Hmm...Isn't everything in life negotiable?
Many low offers have made it through to closing. You cannot insult me with a low ball offer and you should not allow the seller to be insulted.
The people who visited your home, showed your home and made NO offer...were the insulting ones.
When someone takes time to write, submit, provide financial proof, choses a lender, a title company, produces earnest money, decides on various dates.. closing, inspections etc.. and... signs forty pages.. that is not an insult..that is an offer!
The seller does NOT have to accept.. but (78 comments)
As a listing agent, I encourage offers and don't worry about "insulting" me or the seller?
There have been offers rejected but many more have been negotiated and gone to settlement. No seller wants to 'give their house away.' But they do want to sell! Does the seller have to accept a "too low" offer?Of course not.. but it might start negotiations. A contract should not be viewed as (137 comments)
insult me with an offer: Don't Be Afraid To Make an Offer...Please Insult Me!
- 11/30/08 12:06 PM
Several weeks ago a buyer called to see one of my condominiums for the second time. When I told her the unit went under contract a few days before, this buyer was surprised and even acted shocked. "I have been watching this listing for a long time. The market is not good and I thought I had plenty of time!" My point is that properties are selling. When you see a home that suits your needs, don't be afraid to make an offer. Since I make all my own appointments, I know everyone who views my listings. Some buyers have been "trained" to not show (106 comments)