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Join Yahoo Answers and get 100 points today. But to be honest, I think they do it to make you anxious and perhaps give them a higher offer instead of what you currently offered them. . Well, the realtor just called me, and they countered back at $120,000. It was horrible. Seller Slow To Respond To Offer can offer you many choices to save Most people don’t get the benefit of being off work for the time their homes are for sale so they have to meet with their agent during the time they’re not at work. I know its stressful waiting, but think about it like this....if they came back right away and said they would take it, wouldn't you be wondering how much lower you could have got them down? I made my offer yesterday at 11:30 and they have until today at 4:00 to accept, decline, or counter. It also allows time for another offer to come in, although this isn't a hot market where that happens.
Wow that is not that long. Welcome to BP!
It's also good to speak to sellers if you can to get a meeting of the minds before going to much trouble, especially if you're making low ball offers. I have been approved for the loan and wasn't asking for them to pay for anything extra. By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions. Follow up with a formal offer. I am also very selective with whom I send the letter to almost guarantee better results - return on investment of time and money. When a seller receives a legitimate offer in writing, the seller can accept the offer, reject it, make a counter offer or do nothing. I had my partner call him up and offer higher....we closed the deal in a week!
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best discount In the end, it may come down to what I have heard and read several times, which is that if the seller isn't truly motivated, then these types of creative financing offers won't work. I just prefer to write it then to pitch it by phone. Quickly analyze a property address or ZIP Code to compare your rent in your neighborhood. I too have had good success with a similarly composed letter. We just got into a contract too! Such as the offer is subject to my acceptance after the acceptance of the seller. A slow response from either party can be the first sign the contract isn’t going to work out.
He told them to call him should they ever change their collective minds. are on