what do we counter? - never mind, edited/deleted

[tarheels]

Never mind - our realtor says the number we had in mind is a really solid counter for this market, so it's what we're going with.

[OG Jo]

I would be disinterested if the seller only came off the list price of $1k. Could you counter back at 130, no W/D and drapes? I would love to have our house SOLD quickly and not have to deal with it on the market!

[ssmjlm]

Yeah countering with $1k off is sort of a slap to me. I agree with $130k and no extras.

[tarheels]

130 is our no lower than price. If we do that, they're going to come back in the 120s, and we're just plain not selling at that price.  But yeah, you guys are right about only 1k.  Maybe 132,500 with the stuff.

Like I said, this is a pretty hot market and we don't have to sell.

[OG Jo]

I would send back with $130 best and final offer and see what happens.

[ssmjlm]

Apr 13, 2013 19:51:46 GMT -5 tarheels said:

130 is our no lower than price. If we do that, they're going to come back in the 120s, and we're just plain not selling at that price.

Like I said, this is a pretty hot market and we don't have to sell.

Then counter $1k off and be prepared for them to walk.  There's no way to know what they're willing to pay.

[tarheels]

Apr 13, 2013 20:02:10 GMT -5 ssmjlm said:

Apr 13, 2013 19:51:46 GMT -5 tarheels said:

130 is our no lower than price. If we do that, they're going to come back in the 120s, and we're just plain not selling at that price.

Like I said, this is a pretty hot market and we don't have to sell.

Then counter $1k off and be prepared for them to walk.  There's no way to know what they're willing to pay.

No reason to get cranky. 

When I told you that's our no lower than price, telling me to go there doesn't make much sense on the first counter.  I was looking for a number in between the two.

[OG Jo]

I don't think we are being cranky - but the different of $134 and $130 is really not much to work with. I think $130 final is a good counter; as a buyer, I'd be happy to get a bit of a 'deal' and as a seller, I'd be glad to have a strong buyer with a cash deal and could get the deal done FAST and not deal with having my house on the market. In the grand scheme of things, gaining $2k (assuming you were to counter at $132) is not worth the hassle to me.

[ssmjlm]

I'm not saying it to be cranky, but many buyers think that a seller will counter in the middle. So from a buyer perspective, only $1k off can give the impression of not wanting to negotiate. It's the idea of "if the seller isn't willing to negotiate on price, what other issues may come up with them later, with inspection, etc."

[RoxMonster]

Apr 13, 2013 20:08:45 GMT -5 ssmjlm said:

I'm not saying it to be cranky, but many buyers think that a seller will counter in the middle. So from a buyer perspective, only $1k off can give the impression of not wanting to negotiate. It's the idea of "if the seller isn't willing to negotiate on price, what other issues may come up with them later, with inspection, etc."

This is how I would feel as a buyer too. You could try countering with 130K, final offer and see what they say. That would be preferable, IMO, to only budging 1K.

[OG Jo]

If you already had your mind made up and your realtor agrees, then what was the point of posting?

[tarheels]

We're going with 132,500, which is what I said after taking you all's recs into account, and the agent thinks that's a great counter. I was genuinely looking for input, but not unrealistic input that was "go straight to your minimum, and then go beyond that and take a loss." What seller does that in a good market? None. I said we've only been on the market 3 days, we don't need to sell, this is a really good market, so there's no need for us to throw money away. This is one of those situations where posting on a national board doesn't work, and you're right, I shouldn't have posted because you guys are thinking about your own markets, which is to be expected.

ETA - the house next door, identical to ours but without a single upgrade, completely builder spec, went under contract last week for 129.  That's information you guys didn't have that I suspect would have made a difference in your answers - wasn't trying to hold out - misunderstandings all around.  There's no reason for us to sell for 130 when a plain house is selling for 129.

[emjacobs]

Apr 13, 2013 20:44:00 GMT -5 OG Jo said:

If you already had your mind made up and your realtor agrees, then what was the point of posting?

For anyone who missed the OP since it's been deleted, someone offered $124 cash on a $134 list price, and OP is countering at $133.

You realize that people delete things for a reason right? Maybe she no longer wanted financial information about a home she owns and is trying to sell out there anymore? You posting that information is shitty.