This is timely...
Wife and I've been searching a nice town in CT for almost a year now with very little luck, working with the owner of "the" real estate company for this small town...she's a great lady and unbelievable resource. Despite my initial skepticism,
Last Thursday we see a nice 2600sf home comes up, nice neighborhood, tons of kids, sizable 2-car
...and the house, if paralleled to cars, is in blue ribbon concourse condition. Our decision was made on the spot and we made an offer that night.
Listed at 452, closest comp sold for 420, 6 months back. We offer 9% under asking to start the ball rolling, 410.
They counter at 450 and their agent, who hasn't seen the house and works for a 3rd party relocation agency out of state, tells us they will not move from 450. Why? Because its in line with neighborhood comps.
We countered at 420 and noted we would comfortably go higher if she could provide comps we must be missing. She can not produce any comps and told us the owners are "waiting for a better offer"
We told the Cee U Next Tuesday...to pound sand
Unfortunate as the house would be a perfect fit, the buyer needs to sell, and she will lose the deal to greed.