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It has happened once more.

Reblogger Vern Eaton
Real Estate Agent

This is on of the sadest things that can happen in Buying a home.

The biggest reason is that it is totaly avoidable.

It can be ok to get opinions form others but the Professional is getting paid, make them work for it.

It will cost you a lot less in the long run

Original content by William Feela 20398180

And it has happened again.

 

Hi Bill, We love the house.

WE want to make an offer.

WE will offer them 10% below what they are asking.

 

 

 

Now I have counseled these buyers for several weeks.

I have also told them that their Uncle may be thinking he is helping them but he really is not.

 

"The market is slowing down so now is a good time to low ball."

 

I wrote the contract.   There was 4 other offers.

The listing agent is a good friend.

He agreed to send a note saying the status of their offer.

 

Thank You for your offer.  Sorry, but it was the only offer below the sellers asking price so they have declined your offer.

 

My clients were devastated.  The home was perfect and would have offered over list also, but...

 

Buying or selling a home...Make sure the advice you listen to knows is coming from a real professional!

Show All Comments Sort:
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Vern, Thanks for the re-blog.  I have seen way to many people listen to the wrong people when buying a home\1

Dec 01, 2018 09:23 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Vern. I read this when first published. Sad indeed and so avoidable.

Dec 01, 2018 10:08 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Not a good plan to lowball with interest rates rising and entering a multiple offer situation.

Dec 01, 2018 11:19 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sadly, too many folks believe their uncle and not their Realtor.  Maybe their uncle can now buy them a home.

Dec 03, 2018 07:01 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Vern.  I hope that you and your family will have a wonderful Christmas.

Dec 24, 2018 05:46 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Oh, I totally agree - too many people giving BAD advice, Vern! Great story to re-blog.

I hope you and yours had the merriest of Christmases!

Merry Christmas!

Dec 25, 2018 08:03 PM