2007-12-10 16:52:18 · 4 answers · asked by John 1 in Business & Finance ➔ Renting & Real Estate
Details: My initial offer which is 12% less than the AP is now accepted by the sellesr after a few one-way reductions by them. After two weeks, I now have a better picture of the property and ideally would want to counter back 15K below my initial offer. This is fine from market point of view but is this something you would do if you were a buyer? I am concerned of the image and protocols. Please opine!
2007-12-11 04:58:50 · update #1
You can counter back at any price you desire. Eventually, the sellers will either counter again, accept, or simply ignore you.
2007-12-10 16:55:28 · answer #1 · answered by acermill 7 · 2⤊ 0⤋
First responder is entirely correct. A detail: a counter-offer is a refusal of the offer, so you cannot come back later and accept the original offer unless it is re-offered. Got all that?
2007-12-10 17:07:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I think that you wil;l need to let the current offer expire and then write a new offer.
properties rarely will sell for more than 10% lower than the asking price. you must have somebody desperate.
2007-12-10 17:30:13 · answer #3 · answered by the d 6 · 0⤊ 0⤋
if you go further away from the sellers price with your 2nd offer - they probably won't take it since you already offered more.
2007-12-11 05:15:57 · answer #4 · answered by Anonymous · 0⤊ 0⤋