Oh dear Big Whatever, what a shit you are.
I am trying to simplify my life and yet selling this damn house is going to be the straw that broke the camels back! We are in extreme negotiation with the Indian family. The stress is coming from the real estate agents who are playing every trick in the book : oh, we misgauged the market and you have overpriced your house, they have had to borrow money from relatives to up their offer, they are looking at another house, the market is falling (chicken licken) there is no one else in the whole world who will buy your house, every other house on the market is better than yours (41 squares, 4 bedrooms, 3 bathrooms, study, games room, rumpus room, forma lunge and dining and walk-in pantry and very large eat in kitchen on a block large enough to have a pool?)
I am currently consuming a medicinal scotch. Intentional living is suppose to bring me peace and serenity. Right now I feel as though I could put my fist through a window… and beat many, many people with my stick. The big stick.
And I always thought the real estate agent working for you is interested to up the prices in their own interest to get more commission out of the sale……? Huh?
I think if I were in that position and the cynic in me came through I would tell them, that since they are obviously incompetent in gauging the market, I’ll go to a competitor who is better equipped to do so.
Hope the scotch helped! I probably would have the whole bottle.
There is some algorithm that proves that they make more money through the volume of their sales, not each individual sale. It makes little difference percentage wise to them if you drop your price as it means they can turn over another sale faster.
What has me angry is that we got three different quotes before going with this group. All snake oil merchants.
Oh horrific. I think these days the agents just want to make a sale. Remember my post, when good homes go bad? When they tried to increase the asking price by 15K? Yeah. Hang in there, be intentional, and carry that stick proudly.
Well, hopefully my resilence will kick in soon, before I hit the pizza and crisps and scotch for another night! We are willing to negotiate but not give away below replacement cost!
Sad but true: your own agent is more interested in the commission, not in whether you get a fair price for your home or no. When we got this disappointing offer for my old house, the agent supposedly representing my interests pushed me to accept it because “You can’t expect anything better in this economy.” I was so angry at her—she advised us to lower our asking price, she’d bungled the writing of our sales contract, she took off on a vacation while we were in the middle of negotiations—I wanted to push her in front of a bus. When she called me a year after my poor little house had not only been bought but torn down by this horrid real estate investor, I told her what I thought about her, and it was not politely said.
Don’t let the bastards get you down. I do hope for your sanity’s sake however that this comes to a satisfying conclusion soon. I’ve sworn never to buy another house, because I don’t want to deal with another real estate agent again.
Don’t let the bastards get you down. I am getting so angry, and when I get this angry I get very Flamingo Dancer with a Stick. This will be my last move until the retirement home, when my kids canhandle it all!
I just left a comment but I think WordPress put it in the spam folder. Damn you, WordPee.
I will check – it goes crazy sometimes!
Stay strong! What could be worse than negotiating with Indians? I think they invented bartering.
It is the real estate agents I most want to beat to a pulp as I can’t believe a word that comes out of their mouths.
Sorry to hear. Friend is having similar crap with her realtors/estate agents. She said if they want to make the sale to adjust their commission accordingly. As long as you aren’t in a HURRY to sell, wait it out is my advice. Would the buyers get a break at McDonalds? “Oh we want 3 burgers but we had to buy petrol and so only have enough money for 2?…” Nope exactly. It’s a business transaction and sorry but if they have to go and pole dance to meet the asking price then so be it.
We have said the same to the realtors – you drop some of your commission to match our decrease and help make the sale. They haven’t earned half their money yet!
Been there, done that. We managed to get to escrow, they suddenly came in with an FHA loan for which Seller must pay most of the closing costs – not in agreement with contract – I said Absolutely not! They can go buy somewhere else as far as I’m concerned. My escrow officer did lots of finangling and we got through it, but I was so ready to tell them what they could do with the deal. I was a bit put-out with the escrow officer – a former co-worker.
When they only offered a little more Mr FD told the agent to tell them to go buy another house and use the extra money to go on a short holiday! We are of a like mind to you. We know it isn’t overpriced and we know we are bweing fair. UUUGGGHHHHHH.
If you aren’t is desperate need for it to go through right now, you can scare the crap out of them by just saying fine, cancel it then and we’ll wait for the next one.
Amazing the deal my guy worked out when I said I was ready to walk.
I did that this afternoon – I said this is the figure and that is it and nothing less.
if they’re below asking, I’d tell them to F off – even if I had no other offers. Drama ain’t worth it!
You are right, the drama is worth it. We have sold houses in the past with far less trauma!
You should read the real estate agent chapter of Freakonomics and it will all make perfect sense. In the meantime, just put your hands over your ears and go “La la la la la. I’m not listening!”.
I when in to sign our final counter offer and she tried the “oh look at all these better houses than yours” and I just said “Fancy that, and they didn’t make an offer on any of those houses.” I then walked out.
Someone will come along and appreciate your home….in the meantime I’m sending you my snake stick to deal with real estate agents and time-wasting potential buyers.
A true friend indeed!