Forum Replies Created
- wisepearl wrote:just keep in mind that its not just the highest offer that wins, but its the one most suitable in terms of price AND conditions.
if you were selling and were offered either $245,000 only subject to finance, where your buyer had preapproved finance letter, settlement in 6 weeks and paid a 15% cash deposit, compared to a $255,000 offer requesting various clauses and a longer settlement and onyl 5% deposit, perhaps the vendor will choose to negotiate with just the first offer…
personally i've never really understood giving a price "from $245k" or "$245k plus" or even "$245 – 265k". the buyer in me says if they'll accept from $245 why would i offer $265? i think its just to give the agents an extra angle to try and push the offers up.
It depends on the agent really. I've been tossed this "make me your best offer. Whoever puts in the highest offer wins" crap a few times already and each time the agent has refused to tell me what the highest offer so far is so I can't even try to outbid the last highest within bounds. I've even told the agent I'm paying in full cash and am willing to settle earlier but they didn't even bother to take that offer to the seller, just brushed me off.
Grr…
Grr…
