I "lifted" this very funny photo from the Pinterest page of Diane Morales, a Keller Williams agent in Saint Charles, ILL.
I am not sure if this bug-eyed agent is directing his frustration at another agent's buyer client, or his own buyer client.
This funny graphic made me harken back to the most ridiculous offer I ever encountered. I was on the selling side. This was about 12 or 13 years ago.
I don't remember the exact terms, but the offer went more or less something like this --
Offer was something like 70 percent of the asking price, on a $690,000 listing. The earnest money was negligible, maybe a thousand bucks. But that was not the worst part of the offer.
The buyer made his offer contingent on the sale of his home in Charleston. But that is still not the worst part.
The buyer wanted six months to market the home -- drum roll please -- For Sale By Owner. Then, after six months, if the home had still not sold, he would hire a Realtor.
It was a classic case of a buyer giving a seller absolutely NOTHING to feel good about in an offer.
I always encourage my buyers to include a couple of elements which will be attractive to the seller, something to demonstrate some good faith.
If you "go for the jugular," at least go for the jugular with a quick close, or an impressive earnest money deposit, or something else to demonstrate that you are not just trying to lop the head off the seller. Give em something to chew on.
When I represent the seller who receives an offer like this, I wonder what the home inspection request is going to be like that.
Thanks again, Diane Morales, for the very funny picture that we can all relate to.