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jessbaby
My boys!
Member since 1/06 5292 total posts
Name:
Jessica
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Houses for sale with a price range....
If they have a price range do you think its bad to offer $4,000 less than their range?
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Posted 5/19/08 11:06 AM  |
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Prudential Douglas Elliman Real Estate
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mosh913
baby boy coming spring '11
Member since 5/05 3133 total posts
Name:
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Re: Houses for sale with a price range....
In todays market, not at all! We offered 9,000 less than their range and then settled exactly on the low end. I say low ball them and then negotiate! Good luck!
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| Posted 5/19/08 11:26 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Houses for sale with a price range....
I would
I think the whole range thing is stupid
it's like putting all your cards on the table
who would offer the high price - when the lower price is listed
I really don't get it
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| Posted 5/19/08 11:28 AM |
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jessbaby
My boys!
Member since 1/06 5292 total posts
Name:
Jessica
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Re: Houses for sale with a price range....
Great thanks!
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| Posted 5/19/08 11:46 AM |
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Lola
LIF Adult
Member since 1/07 1854 total posts
Name:
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Re: Houses for sale with a price range....
I offered $50,000 less than the lower price in the range and wound up getting the house for about $25,000 less. So you definitely can.
I was told that the lowest price is usually the real asking price and it is just listed with a range so that it comes up on more searches and draws more prospective buyers to the house.
For example, if a house is listed at 580,000 and someone searches for houses over 600,000 that house would not come up. If it is listed with a range of 580,000 to 620,000 it would.
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| Posted 5/19/08 11:55 AM |
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freckles
Love My Little Man!
Member since 5/07 1825 total posts
Name:
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Re: Houses for sale with a price range....
Not at all, go for it, you never know...
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| Posted 5/19/08 11:58 AM |
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Melmel821
Love being a mom!
Member since 5/08 2776 total posts
Name:
Melanie
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Re: Houses for sale with a price range....
I don't under stand the ranges either. And most houses I've seen with the range I would never even think of paying the higher end.
I would low ball with the offer but I don't think I'd go higher than the low figure
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| Posted 5/19/08 2:31 PM |
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SweetCin
My green-eyed boy
Member since 5/05 13499 total posts
Name:
Cin
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Re: Houses for sale with a price range....
Well we did this on a house we loved. We came in at 5k below the low end range & were told we "insulted" the homeowner....FF to a year later, the house foreclosed & was sold for 15k less than the low end of the range (not to us).
I'd say go for it...esp. in this market.
Message edited 5/19/2008 2:34:02 PM.
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| Posted 5/19/08 2:33 PM |
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LIMOMx2
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Member since 5/05 24989 total posts
Name:
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Re: Houses for sale with a price range....
good luck 
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| Posted 5/19/08 3:02 PM |
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dbleplay17
My 2 boys!
Member since 10/06 4578 total posts
Name:
Chrissy
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Re: Houses for sale with a price range....
we got ours for 29K less
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| Posted 5/19/08 5:15 PM |
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HelenZ
So worth the wait :)
Member since 10/07 2862 total posts
Name:
Helen
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Re: Houses for sale with a price range....
I've never really seen price ranges in listings, but I guess to me its a no-brainer to offer the lowest price provided- I'd definitely try going in lower- when we started bidding on our house- I went in 60K less!!! after they laughed at me, I went in 15K higher and we took it from there- wound up paying 20K less than asking.
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| Posted 5/19/08 9:11 PM |
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