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Sellers- question about negotiating price

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spooks
So in love!

Member since 6/06

4378 total posts

Name:
Sarah

Sellers- question about negotiating price

We are buyers and currently in the bidding process. I'm just wondering, as a seller - do you get annoyed if someone is coming up in price but slowly - rather than a big jump? In other words, do you get tired of the game fast- know the amount you want and does playing the price game turn you off to that buyer?

We're going to go up in our offer, but we're just wondering how fast to move up w/o getting the sellers annoyed (thye have other offers, its just we're ideal buyers and can move at their time table). Thanks!

Posted 4/20/09 3:17 PM
 
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JessInCA
live laugh love

Member since 8/06

5082 total posts

Name:
Jess

Re: Sellers- question about negotiating price

If this had happened while we were trying to sell, I can't say I would've gotten "annoyed", but if we had already countered your offer and you re-countered with something very close to your original offer rather than at least meeting halfway, it might have indicated to me that you weren't willing/able/serious enough to offer close to the price we wanted or needed.

Posted 4/20/09 3:58 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: Sellers- question about negotiating price

Posted by JessInCA

If this had happened while we were trying to sell, I can't say I would've gotten "annoyed", but if we had already countered your offer and you re-countered with something very close to your original offer rather than at least meeting halfway, it might have indicated to me that you weren't willing/able/serious enough to offer close to the price we wanted or needed.



I agree with this. however, it can't hurt to try to get the lowest price. but, what scares me in your instance is that there are other buyers. are you sure that's true? and how do you know that?
i just worry that a REA is playing games wtih you...

Posted 4/20/09 7:21 PM
 

MrsGmomof3
...

Member since 6/08

3290 total posts

Name:
Irrelevant

Re: Sellers- question about negotiating price

If I were to counter-offer, and you counter-offered AGAIN and it was still not "THE" number that we needed to get, I think I would just tell my REA what THE number was and ask her to pass it along to you. That way there are no back and forth "games". You would know my bottom line and could either accept or walk away.

Posted 4/20/09 7:29 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: Sellers- question about negotiating price

Posted by MrsGmomof3

If I were to counter-offer, and you counter-offered AGAIN and it was still not "THE" number that we needed to get, I think I would just tell my REA what THE number was and ask her to pass it along to you. That way there are no back and forth "games". You would know my bottom line and could either accept or walk away.




This is pretty much the point we're at with the buyers we're getting offers from.

Posted 4/20/09 8:46 PM
 

ThreeCats
Train Ride

Member since 5/05

3127 total posts

Name:
A

Re: Sellers- question about negotiating price

the whole selling, bidding, negotiatiing is a pain in the butt!!!! Chat Icon


Posted 4/20/09 10:06 PM
 

spooks
So in love!

Member since 6/06

4378 total posts

Name:
Sarah

Re: Sellers- question about negotiating price

Posted by ThreeCats

the whole selling, bidding, negotiatiing is a pain in the butt!!!! Chat Icon



You can say that again!

Thanks all - this is helpful. We don't know who to believe anymore, always skeptical of the REAs. I did go to the open house this weekend though and there were a lot of people there. We ended up going up - we said we'd meet them half way, so now we'll see what they say. Problem is they bought the house 3 years ago (for their son) at almost $100K more, so anything to them is a huge loss - not our problem, but still that's their thinking.

Posted 4/21/09 8:18 AM
 
 

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