When Negotiating a Deal, Sometimes You Must Walk Away
I have some friends who live out of state and they are negotiating a deal with a very experienced agent. They are trying to buy a house that has been on the market for a year. These buyers put in a lower offer and were willing to come up some but the sellers will not budge.
They called me to tell me of the counters but nothing has made the sellers budge. They are countering again tomorrow but this will be their last counter.
My words to them last night were "Sometimes you have to walk away and focus on finding another house".
When a house is obviously overpriced and the sellers refuse to negotiate after a year, then sometimes it just isn't the right house.
Houses go on the market everyday and the right house will show up soon and these buyers will find it.
I wonder why sellers put their overpriced home on the market and refuse to negotiate? Maybe they need to do a short sale instead! My guess is they need a certain amount of $$$.
Thanks for Reading my Real Estate Blog........