Quote:
Originally Posted by onewhippedpuppy
David, I understand your point about not letting it linger. But negotiating is a cultural thing around here, nobody makes large purchases without negotiating and NOBODY pays asking price. Above asking - no way in hell. Wichita isn't competitive like that, never has been. Even aggressively priced I will get lower offers, because that's just how things are dove around here. I'm just as bad, I don't think I could ever pay asking price. So whatever I price it at needs to have room to move.
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Matt, I am admittedly clueless to the housing market/trends in Wichita. One thing to remember is that negotiating for a home is unlike negotiating for other items like cars/boats. The process is drawn out and sterilized. Buyers submit signed offer to their realtor who then contacts and submits to the selling agent who then contacts the sellers and meets to discuss. Counter offers signed by all travel back to buyers in the same process. It gets tedious pretty quickly for everyone. After one round of such negotiations I always cut to the chase and as a buyer submit my final BEST offer or as seller request the buyer for their FINAL BEST. Of course this works better in an active market - especially when you are the seller and have multiple offers (which I will note in the request). Now if you're a FSBO dealing face to face with the buyer then yes by all means haggle away
Looking forward to updates on your possible move to AZ. That is definitely close enough to SD to warrant a couple beers some day!