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Why submit a "disrespectful offer"?

By
Real Estate Agent with Coldwell Banker

Yes, times are tough. Yes, Buyers are hoping that they can really get a rock-bottom deal. But what's the point of submitting an offer that's so much lower than anything in the neighborhood? I realize that we are supposed to submit what a Buyer requests, but don't you just wonder whether the offering agent has even had a little talk with his/her Buyer about the result that is sure to come (not just a refusal to counter, but bad feelings as well)? And if the Buyer still wishes to take that approach, perhaps it's time for the agent to cut that Buyer loose; time is valuable - who wants to be constantly writing up offers that will go nowhere?

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Pam Sitterly
RE/MAX VINTAGE - Magnolia, TX
CRS Magnolia-Tomball Texas

Sometimes it is so hard to reason with unrealistic buyers... the ones who don't pay any attention to what the asking price is (except to cut it in half when they make an offer). Enough rejections and maybe they will come to their senses.

Dec 03, 2010 02:43 AM