We have made an offer on a home in Denmark that is listed for 2,595,000dk (about $520 000 CAD... cheap in Denmark). In Denmark, the sellers agents show potential buyers the home and buyers do not have a representing agent of their own.This home has been on the market for close to 4 months. We've heard the average selling time is 7 to 8 months. It is considered a buyers market now (although I haven't seen the prices budge much since last year!) The home is in excellent condition however is somewhat outdated and could use some remodelling (it is liveable as is). I'm at a complete loss as we have always had agents with the capabilities to see what prices similar houses in the area have sold for negotiating for us. We offered 2,400,000dk which is 7.5% lower than asking, hoping to negotiate to about 4% below asking (what the selling agent told us was reasonable and usual). After we made the offer, we were told the seller won't budge more than 0.8% from the asking price. Were we reasonable?
2007-09-27
11:11:28
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4 answers
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asked by
menina0908
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