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Clients asking $158,900.00

Offer $151,500.00

Clients agree to all conditions and sign back at $156.500.00

What's your guess?

2006-11-14 14:35:42 · 3 answers · asked by CaptainCrunch 5 in Business & Finance Renting & Real Estate

3 answers

You had your sellers sign the counter? That ties the house up. If you get a better offer, you need to hurry up and withdraw your counter. If you get another offer that's worth responding to, but not accepting, then you're in a pickle.

I think they'll think on it a while, then sign it.

2006-11-14 15:16:46 · answer #1 · answered by teran_realtor 7 · 0 0

How's the balance of power between buyers and sellers in your area?

Do the buyers have a good agent that knows this as well as you?

Around here, $150,000 won't buy a 1 bedroom condo. But if someone offered $303,000 (double your offer) on a $317,800 (double your list) 2 bedroom, I'd advise my sellers that that's a real good offer for this market and especially time of year, and advise against countering higher than $310,000. Of course, being a buyer's specialist, I wouldn't let my clients offer $303,000 in the first place. If this seller won't bite, their neighbor will.

2006-11-15 00:53:32 · answer #2 · answered by Searchlight Crusade 5 · 0 0

Deals may be closed at $156.500.00 or lower.
Chances of closing is around $153.500.00

2006-11-15 05:53:57 · answer #3 · answered by curiousmode 3 · 0 0

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