Real Estate Forums - View Single Post

RealMax · 11-08-2005, 10:53 AM

Hi all - new here, new to the profession (only done one other deal).

I have a listing that I'm working now. It's been on the market about 5 weeks with plenty of showings and lots of interest. I'm expecting two offers on the home today and plan to present them to the sellers tonight.

Offer A is pretty bad and will probably be rejected out of hand (30K under list); the other is 5K over list but they want the sellers to cover all closing costs and prepaids (estimated to be $7k) and my sellers are dead set on getting X for their property.

So, should I ask the agent to bring her client's offer up by $2K, seek a cap on the closing costs sellers will pay, or try to get my sellers to let go of their arbitrary sales price? Here in the Northwest, it's a sellers market so I'm sure there'd be other offers...what to do?

Is it even worth it to haggle over a grand or two?

11-08-2005, 10:53 AM	#1 (permalink)
RealMax Status: Junior Real Estate Forum Member Join Date: Nov 2005 Posts: 2	How far to push a buyer/seller? Hi all - new here, new to the profession (only done one other deal). I have a listing that I'm working now. It's been on the market about 5 weeks with plenty of showings and lots of interest. I'm expecting two offers on the home today and plan to present them to the sellers tonight. Offer A is pretty bad and will probably be rejected out of hand (30K under list); the other is 5K over list but they want the sellers to cover all closing costs and prepaids (estimated to be $7k) and my sellers are dead set on getting X for their property. So, should I ask the agent to bring her client's offer up by $2K, seek a cap on the closing costs sellers will pay, or try to get my sellers to let go of their arbitrary sales price? Here in the Northwest, it's a sellers market so I'm sure there'd be other offers...what to do? Is it even worth it to haggle over a grand or two?