2/ Remember that the realtors work for the seller, who pays them via his commission. Their ethical goal and financial incentives are to maximize the selling price. Thus, the realtor is sort of your frenemy. Wants a $$$$ price ...but closing a deal at $$ is better than no deal.
-
-
13/ earnest money is real, tho not everyone insists on ithttps://twitter.com/Cristiona/status/1455984390107025413 …
Show this thread -
14/ 100% agreed wife and I were house hunting for ~6 months before we found the farm. When we found it, we knew it was The One. We knew the town, we knew the town's tax rate, we knew local businesses, we know the rest of the market, we knew lot sizeshttps://twitter.com/AndToddsaid/status/1455984763987283978 …
Show this thread -
15/ knowing the market cold, we saw the house and we told the realtor IMMEDIATELY "put an offer in right this second" now, that said ... I also had big brass balls and came in at 15% under asking, bc I knew the market was very slow and the seller appeared desperate
Show this thread -
16/ it was absolute nerve wracking to pretend to nonchalance / to fake the ability to walk away / to stall for another 2 weeks to let seller panic ... and while worrying that someone else could swoop in and grab it ended up splitting the difference and getting it for 7.5% under
Show this thread -
17/ strong agree re local market dynamics I pulled the above stunt (and saved myself $50,000 ) because I knew EXACTLY how slow the market was in this small rural town, how long properties normally sat on the market, how long this property had sat, etchttps://twitter.com/joshuamking/status/1455985141394776068 …
Show this thread
End of conversation
New conversation -
-
-
Our house was a steal, in part because the decor was, charitably, not what I would have chosen.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.