Shawn
New Contributor
- Joined
- Aug 14, 2007
- Messages
- 55
Rep Bank
$170
$170
User Power: 5%
So our house is on the market (been on since mid December) - we ended up hiring a realtor. We had it built for $1,500,000 about 2 years ago and we're selling for 1,400,000. Even at 1.5 its under what all others are priced at. 1.4 is a steal imo. So we're losing money, but we just wanna move on.
We've had lots of showings and great feedback, but no offers (I know its only been 2 months) . Anyway, our realtor has a friend that is a retired ex ceo of some company and he and his wife had no intention of moving (hes probably not even a real buyer, but who knows). She called them and said hey got this great house, you need to see it, hoping they'd fall in love with it and buy it.
They have now seen it 4 times sometimes for 2+hours at a time. But at the end of each showing they tell the realtor ok, we'll let you know by Wednesday etc. Then Wednesday rolls around and they never call or return the realtors calls. So we figured, screw it, let's offer them a reverse offer of $1,250,000 ($300k+ loss for us after realtor fees!) and give em 48 hours to accept.
They called back (after about 40 hours) and said ok, we'll take a look at it tomorrow again. WTF!! Now they wanna come back tomorrow (after the 48hrs) and "see if they like it enough". They have stressed my wife and I out sooo much. I wanna sell, but not that badly lol.
I do understand that people want to see the house before they make a big purchase. But they've already seen it 4 times in the past 3 weeks. Our primary concerns with it though, is that it seems the reverse offer kinda backfired on us now because we're granting them extra time to let us know - so after tomorrow it sounds like we're going to be right back to where we started with them saying ok we'll let you know and then they never do. And now they probably think they can buy it for 1.1.
I feel like we should 'fire these buyers' and say nevermind. Maybe then they'll buy it
What do you think?
We've had lots of showings and great feedback, but no offers (I know its only been 2 months) . Anyway, our realtor has a friend that is a retired ex ceo of some company and he and his wife had no intention of moving (hes probably not even a real buyer, but who knows). She called them and said hey got this great house, you need to see it, hoping they'd fall in love with it and buy it.
They have now seen it 4 times sometimes for 2+hours at a time. But at the end of each showing they tell the realtor ok, we'll let you know by Wednesday etc. Then Wednesday rolls around and they never call or return the realtors calls. So we figured, screw it, let's offer them a reverse offer of $1,250,000 ($300k+ loss for us after realtor fees!) and give em 48 hours to accept.
They called back (after about 40 hours) and said ok, we'll take a look at it tomorrow again. WTF!! Now they wanna come back tomorrow (after the 48hrs) and "see if they like it enough". They have stressed my wife and I out sooo much. I wanna sell, but not that badly lol.
I do understand that people want to see the house before they make a big purchase. But they've already seen it 4 times in the past 3 weeks. Our primary concerns with it though, is that it seems the reverse offer kinda backfired on us now because we're granting them extra time to let us know - so after tomorrow it sounds like we're going to be right back to where we started with them saying ok we'll let you know and then they never do. And now they probably think they can buy it for 1.1.
I feel like we should 'fire these buyers' and say nevermind. Maybe then they'll buy it
What do you think?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
ehsii:
