View Single Post
tonypeoni tonypeoni is offline
Zombie
 
Join Date: Apr 2006
Location: Greenwood, IN
Posts: 1,408
Realtor convinced me not raise bid..

Yes I finally found a house after 7 years of looking. Its a cash house really cheap but really is something special. I offered the realtor about 7k less than listing price. She called back the next day and said there was another bidder on the house from 3 months ago that Homepath legally had to contact. I asked her if I should raise my bid. She said I could.. So I asked her what she thought was a safe number. She said raise it 3k and its yours! Ok cool. The house is a amazing 3300 SQ FT Victorian house that dates from the civil war and on a half acre with a huge barn too. I wake up the next morning and decide I REALLY want this place. I call her and ask her to raise my offer to $500 over asking price. She pauses says nothing for 3/4 seconds and then says "NO MR PEONI, you dont want to do that your safe we'll will keep your bid where its at. Your safe". Im thinking this place is the cheapest, nicest, 3000 SQ FT house Ive seen in about 3 years. And its a victorian masterpiece... So ok I take her advice. Long story short, I get a call yesterday after waiting 5 days for homepath to respond to the offer. Miss know it all is not sure but "we" may have missed this one. I am now without fail sure she was working with another agent and investor to keep my bid low. She probably had some sort of monetary gain from this too. Is this a common practice or did I just have a bad realtor?
__________________
The Pragmatist

Last edited by tonypeoni; 03-22-2012 at 10:23 AM..
Old 03-22-2012, 10:19 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #1 (permalink)