I had an offer not accepted on a home. The agent told me she couldn't tell me how much the accepted offer was. How do I find out, short of waiting for it to close.
2006-12-18 07:15:43 · 7 answers · asked by elliottandsonsinc 1 in Business & Finance ➔ Renting & Real Estate
sometimes the sellers agent will tell you based on the circumstances... try to ask...
2006-12-18 07:26:07 · answer #1 · answered by ondreforsure 3 · 0⤊ 0⤋
You can ask all you want, but they should not tell you - someone might. But even if you do find out how much (dollars) the accepted offer was, the money doesn't tell the whole story.
The "best" offer on a house is not always the highest net to the seller. The terms offered may also enter into the decision making process for the seller. If someone offers a bit lower than you, but is not making the offer contingent on something that your offer was contingent upon, a wise seller may take the other offer. The timing of the close, possession either after closing (seller lease back) or prior to closing (buyer temporary lease - often done on vacant houses), the need to sell another house first, pre-qualified vs approved (very important on my listings), etc. are just some contingencies to watch out for as a seller.
On the next house you like, be approved going in, try to find out what timeframe is best for the seller, give big earnest money, let your Realtor know what you're willing to do. If you get the impression that there may be another offer on the table, be sure to make your best offer - it's a heartbreaker to lose a house you like and realize that you would have been willing to beat the other offer if only you'd known what the seller was looking for, or if only they had countered your offer.
Write an offer that is so close to where you think the seller would be willing to come to that the seller signs it instead of risking a counter offer and losing the buyer.
2006-12-18 07:40:17 · answer #2 · answered by teran_realtor 7 · 0⤊ 0⤋
Why is it any of your business??? There are many terms and conditions to an offer not just price. Being higher or lower so what???
Offers are considered in their entirety AT THE TIME THEY ARE RECEIVED. I may say no to $150K on Monday but find out monday night I urgently need to sell and on Tuesday accept $139K.
One seller may require financing the other has cash or needs less. I think the lower is a better offer.
Even when you find out I don't think you will be any wiser as to why the buyer went with someone else.
2006-12-18 07:26:44 · answer #3 · answered by Jim7368 3 · 0⤊ 0⤋
ask the seller's agent
2006-12-18 07:23:46 · answer #4 · answered by Steve P 5 · 0⤊ 0⤋
Not until closing when it becomes public. Sorry
2006-12-18 07:59:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Call the seller and ask them.
2006-12-18 07:26:41 · answer #6 · answered by Bostonian In MO 7 · 0⤊ 0⤋
You can't find out until it is closed.
2006-12-18 07:18:55 · answer #7 · answered by Kathleen M 4 · 0⤊ 0⤋