I Don't Want To Tick You Off With A Low Ball Offer... But Here It Is Anyway.

By
Real Estate Agent with Century 21 Bradley (260)704-0843

Last week I asked my neighbor to help me move a few things out of my basement.  While doing so, we stumbled upon my old shotguns and rifles.  He told me that his son is a collector and would love to buy them.  I agreed to have him come over and take a gander.  

His son John and a friend came over, and they were definitely interested.  They inspected the guns, took a few of them apart, and then asked me what I would take for them.   Of course, my response was "Make me an offer."  The friend smiles and says "Well, I don't want to tick you off with a low ball offer."  

I chuckled and explained a couple of things:  


1.  I sell real estate for a living.  My skin is thick.  

2.  If you don't want to tick me off with a low ball offer, they why are you going to give me a lowball offer?  


He laughed and said that it was just the way he did business.  He made his ridiculously low ball offer, and I laughed.  

In this particular situation, I didn't NEED to sell.  If I got the right offer, then we have a deal.  If not, no biggie.  The guns go back in my basement, and I go have dinner.  

I believe most sellers are in the same situation.  They don't NEED to sell.  They WANT to sell.  Of course, there are some sellers out there that NEED to, but most don't.  


I told him what I wanted to get out of them (Kind of like list price when selling a home!), and if he was willing to pay me that amount, they were his.  I got my price, he got his guns, and we were both happy.  


The point of this post is this:  Most sellers today don't NEED to sell.  They WANT to sell.  The list price that they and their Realtor agree to is probably really close to what they will take for the home.  If they wanted to give it away, they would list it way under market value.  Be wise when making offers.  Know the market, and know that most sellers won't look at a low ball offer.  Just my humble opinion.  Thanks for reading!  


Posted by

   

Fort Wayne Realtors Jared and Amanda Christiansen with Century 21 Bradley

Amanda and Jared Christiansen are award winning Realtors with Century 21 Bradley Realty in Fort Wayne.

 

Enough about us...

 

Tell us what you want your real estate experience to be, and we will do it YOUR way.

 

Buying a home in Fort Wayne? Tell us your wants and needs. Let us know how you envision your family living.  Tell us what's important to YOU, and we'll find the community and home that fits.  

 

Selling your home in Fort Wayne?  Our job is to make you the most money possible in the shortest amount of time. We offer our sellers professional staging, professional photography, and more internet marketing than most. 

 

We are committed to giving you everything we have to offer.  We are both full time agents and will work around your schedule.  Do nights and weekends work better for you?  NO PROBLEM. We are here to help YOU at YOUR convenience.

 

Amanda can be reached at 260-704-0843, and Jared can be reached at 260-704-0842.

close

Re-Bloggged 1 time:

Re-Blogged By Re-Blogged At
  1. Melissa Brown 08/09/2012 05:21 AM
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Home Buying
Location:
Indiana Allen County Fort Wayne Century 21 Bradley Fort Wayne
Groups:
BananaTude
Real Estate Rookie
Bartender, Make it a Double
REALTOR LIFE
Active Rain Newbies
Tags:
selling my home in fort wayne
fort wayne real estate market
should i write a low ball offer

Comments 68 New Comment

Rainmaker
336,911
Debbie Cook
Silver Spring and Takoma Park Maryland Real Estate
Long & Foster Real Estate, Inc

LOL,  I had this happen last week - An agent called me 3 or 4 times about a listing I have - He wanted all sorts of questions answered about the sellers - Finally the last call was:  Well, I don't want to embarras YOU  in front of your sellers with a low ball offer.  I had to laugh - Why would it embarras me?  I am not the one making the offer?  

August 16, 2012 04:18 AM
Rainer
225
Josh Bond

What do you consider a low ball offer? I consider anything less than 15% from the ask. But not everyone shares my viewpoint.

I'm a mere buyer (not a real estate professional) and looking now. The last time I looked was in the 2001/2 time frame. When a property has been on the market 200, 300, 400 days--they need a wakeup call. And I'm giving a few right now. :) Some realtors are scared of making an offer with 15% off the ask, and I don't know why. When you look on Zillow and see high DOM or the on/off again game to reset the DOM, it's time for the seller to wake up.

September 30, 2012 02:08 PM
Ambassador
866,805
Amanda and Jared Christiansen, YOUR Fort Wayne Realtors
Century 21 Bradley.
Century 21 Bradley (260)704-0843

Hey Josh.  If a home has been on the market for 200, 300, or 400 days...  that tells me that the seller isn't serious about selling.  Offering 15% off of list price on these homes wouldn't bother me for a second.  

Each situation is different.  What I'm talking about is buyers offering ridiculously low prices on homes that are new to the market and priced well.  I'm not scared of writing a low offer if the situation fits.  

Where are you buying?  Do yourself a favor and stay away from Zillow.  That site is ridiculous and is full of misinformation.  Just an FYI.  

September 30, 2012 02:17 PM
Ambassador
784,763
Bob Crane
Forestland Experts! 715-204-9663
Woodland Management Service

When a house is on the market for that long it is probably much more than 15% off, I have made many offers on these for less than half of the asking price, some get angry and keep their house a bit longer, and others realize that this the best they are going to do and accept the offer.

September 30, 2012 03:21 PM
Rainmaker
267,457
Kasey & John Boles - Jon Gosche Real Estate
Boise, Meridian, Ada/Canyon/Gem/Boise Counties
Jon Gosche Real Estate, Boise ID

I think our jobs as agents are to educate the buyers and sellers, but not to get emotionally involved.  I've made lowball offers that have offended the seller and I've made lowball offers that got accepted.  You never know.  -Kasey

January 04, 2013 08:46 PM
Ambassador
866,805

Amanda and Jared Christiansen, YOUR Fort Wayne Realtors

Century 21 Bradley.
Questions about Fort Wayne real estate? We're here for you!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the sunglasses to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Fort Wayne Realtors on Facebook