So I know my neighbors are going to put a bid in...but

I think it is going to be ridiculously low....so what is the point? I have already told them, that if we can't get a certain price for the house, we will just stay for now, we like where we live.

I guess I will find out tomorrow....is it normal to go back and forth a few times to come to an agreeable amount? What was your experience?

Re: So I know my neighbors are going to put a bid in...but

Granted, I've only been on the buyer end, but I went back and forth a few times with the seller.

I offered 15K less than asking, the buyer came back with 5K less, I went back with 10K less, the buyer stayed at 5K less but agreed to do 5K worth of work to the house.

Re: So I know my neighbors are going to put a bid in...but

That doesnt seem so bad...If they threw #'s like that at me I would be fine.....we shall see.

I think they are going to try an offer 50k less....

Message edited 10/24/2006 1:04:29 PM.

Re: So I know my neighbors are going to put a bid in...but

In both our sale and our purchase we wound up at the halfway point from what each party threw out.

Co-op: They gave us a number 10k below our price...we came back at the halfway point and wound up selling for 5k less than we were asking.

House: we offered 25k less, they came back at 10 k less then asking...in the end we met in the middle.

Re: So I know my neighbors are going to put a bid in...but

The anticipation is KILLING ME, LOL....

We havent really looked at houses yet...so I just wish I knew to get my butt moving or not...Im not going to seriously look until contract.

Message edited 10/24/2006 2:11:15 PM.