We are all told an offer starts the selling process. That there is no such thing as a bad offer. Well my friends, this week I saw just that... a BAD offer on my new Manchester NH area home listing.
So as I sat in my new portable Rocking Chair at an impromptu Brokers Open house, a local agent came in with her buyer. She showed them the home and they were very interested. It was a home the seller was remodeling. He was open to customizing any part of the remodel that was not complete. The buyer had specific needs and wants. They went over price, renovations, upgrades, things he can skip and came up with a price. By now the builder was back to check on the open house. He went over everything with buyer and their agent. The buyer agent was to go back and type it up as written. We each kept a set of notes.
The following day her offer came in. The buyer asked for a huge discount in price and added another page of demands they wanted done. When the seller saw it, he said it was not only bad, he would not use the paper it was written on to train his puppy. The buyer agents response was "it was worth a try." Was it?
The seller countered.... because I have all my sellers counter all offers no matter how bad. He made two counter offers. One with a price for all the extras. The second crossing out the extras and just what we discussed and agreed to the following day. He gave the buyer 1 hour to decide before his workers arrived and they would finish the home as originally planned. The price would be much higher. We await the answer?????
The moral of the story is BAD OFFERS come in all colors and sizes. There is no need for them in this market. Most often low ball offers or offers that do not include a pre qual letter or deposit. Some look like they written by a child and no offense to children.
There is a difference from agent to agent. That a Buyer or Seller should not choose just any agent, choose the BEST agent for the job. My philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or selling process. All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. Those that hire me, find a dedication like no other.