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  1. #1
    bratski artm's Avatar
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    Real estate bros get in here

    Ok I finally found a house that I really like (looked at a ton of different ones)
    House got listed 2 days ago. I looked at it yesterday and made an offer 25k higher then they are asking.
    There was 2 other offers. Mine was the highest and owner decided to not take it?

    Can they do that and why would they??

    Money talks
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  2. #2
    Registered User Anachron's Avatar
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    Originally Posted by artm View Post
    Ok I finally found a house that I really like (looked at a ton of different ones)
    House got listed 2 days ago. I looked at it yesterday and made an offer 25k higher then they are asking.
    There was 2 other offers. Mine was the highest and owner decided to not take it?

    Can they do that and why would they??

    Money talks
    Most likely conditions. Investors are likely to put in an unconditional offer. If the difference is minimal, any seller will go with an unconditional offer.

    Edit : and yes they can do that.
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  3. #3
    Somebody's daughter Retoaded's Avatar
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    Originally Posted by artm View Post
    Ok I finally found a house that I really like (looked at a ton of different ones)
    House got listed 2 days ago. I looked at it yesterday and made an offer 25k higher then they are asking.
    There was 2 other offers. Mine was the highest and owner decided to not take it?

    Can they do that and why would they??

    Money talks
    of course they can. its their house.

    someone else put down more earnest money, someone could pay cash, someone could close fast, etc...
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  4. #4
    Registered User nosirrahx's Avatar
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    Originally Posted by artm View Post
    Ok I finally found a house that I really like (looked at a ton of different ones)
    House got listed 2 days ago. I looked at it yesterday and made an offer 25k higher then they are asking.
    There was 2 other offers. Mine was the highest and owner decided to not take it?

    Can they do that and why would they??

    Money talks
    25K over? How the hell much was the house?

    We offered 10K over on one of our apartments but that was a 600K building.
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  5. #5
    mreatassbtchslapr hoganrulz's Avatar
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    They do wtf they want.

    Maybe they saw you bid more than the asking price & are now rethinking their asking price.

    Could be anything bro.
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  6. #6
    You Never Had Me Fuqdatass's Avatar
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    They probably didn’t like your face and wanted their home to go to a better quality of person
    I don’t want a large farva, I want a goddamn liter of cola
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  7. #7
    bratski artm's Avatar
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    Originally Posted by Retoaded View Post
    of course they can. its their house.

    someone else put down more earnest money, someone could pay cash, someone could close fast, etc...
    I asked to close fast, 16th of next month.
    They were asking 5k and i was going to write them a check today.
    House was listed for 270 I offered 295.
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  8. #8
    bratski artm's Avatar
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    Originally Posted by Fuqdatass View Post
    Theyj probably didn’t like your face and wanted their home to go to a better quality of person
    They didnt even see me fuk face
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  9. #9
    Registered User Anachron's Avatar
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    Originally Posted by artm View Post
    I asked to close fast, 16th of next month.
    They were asking 5k and i was going to write them a check today.
    House was listed for 270 I offered 295.
    Did the house sell for less? Or is it back on the market?
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  10. #10
    Registered User truesteez's Avatar
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    The other offers were probably cash. Most deals fall apart due to financing issues.
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  11. #11
    Constipated OffwhiteBrah's Avatar
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    maybe bec you rape people?
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  12. #12
    Registered User exxtracool's Avatar
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    Originally Posted by Anachron View Post
    Most likely conditions. Investors are likely to put in an unconditional offer. If the difference is minimal, any seller will go with an unconditional offer.

    Edit : and yes they can do that.
    most likely this. and yes, they can go with whatever offer they want, there is no law requiring a seller to go with the highest offer.

    often times a financial condition doesnt pan out for the buyer (i.e. cant acquire financing) so when the difference is 20k they will go for the ez bet.
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  13. #13
    [300 Spartan Crew] TraininWh33ls's Avatar
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    Prob cash offer and to cover commission fees.
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  14. #14
    You Never Had Me Fuqdatass's Avatar
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    Originally Posted by artm View Post
    They didnt even see me fuk face

    Maybe not. But I did and it’s clear they made the right decision.
    I don’t want a large farva, I want a goddamn liter of cola
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  15. #15
    not considered normal pUniCepts's Avatar
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    Originally Posted by artm View Post
    I asked to close fast, 16th of next month.
    They were asking 5k and i was going to write them a check today.
    House was listed for 270 I offered 295.
    closing too soon.
    they just put it on the market, so don't have their new place picked out and ain't nobody trying to move right before the holidays anyway.
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  16. #16
    ayyyy lmao iwant2beswole's Avatar
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    Originally Posted by artm View Post
    They didnt even see me fuk face

    There’s your problem. LOL at submitting offers without including a photo of yourself. Inb4 you boyos don’t even have a photo of your face on your resume.
    watchout your comments boyo ↓
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    I can confirm I am house
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  18. #18
    bratski artm's Avatar
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    Originally Posted by exxtracool View Post
    most likely this. and yes, they can go with whatever offer they want, there is no law requiring a seller to go with the highest offer.

    often times a financial condition doesnt pan out for the buyer (i.e. cant acquire financing) so when the difference is 20k they will go for the ez bet.
    They did not counter offer with anything.
    No word from them. They took the other offer and house was taken down from the listings

    I was willing to pay cash as well.
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  19. #19
    Registered User VegasLifter26's Avatar
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    Originally Posted by artm View Post
    They did not counter offer with anything.
    No word from them. They took the other offer and house was taken down from the listings

    I was willing to pay cash as well.
    maybe they met the other people and had good rapport with them..u never know
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  20. #20
    bratski artm's Avatar
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    Originally Posted by VegasLifter26 View Post
    maybe they met the other people and had good rapport with them..u never know
    That would be my only guess on why they did it.
    I called the agent, it's off the market cant make any more offers
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  21. #21
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    I've been buying one house a year for the last few years. Bank foreclosures is what we buy. A few years ago we made an offer, a few days later the real estate agent said that there was another offer and they wanted us to submit our highest offer. We held firm. A week later the house was off the market, but nobody had bought it.

    3 years later we looked at another house. I happened to have a key from another house we bought. The bank uses the same key for all their foreclosures. The agent was late to show up. We let ourselves in. Nobody had been in the house for a month (there was a sign in sheet). Realtor shows up and we make an offer. 3-4 days later she calls and says there is another offer and asks us to submit our highest offer. I said "I'm withdrawing my previous offer, they can have it." I knew she was playing games. 2 weeks later she called me again and asked if I would submit my offer again. I told her we already found another house and made an offer on it.

    Realtors and auctioneers, they try to be con artists.
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  22. #22
    bratski artm's Avatar
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    Originally Posted by paulinkansas View Post
    I've been buying one house a year for the last few years. Bank foreclosures is what we buy. A few years ago we made an offer, a few days later the real estate agent said that there was another offer and they wanted us to submit our highest offer. We held firm. A week later the house was off the market, but nobody had bought it.

    3 years later we looked at another house. I happened to have a key from another house we bought. The bank uses the same key for all their foreclosures. The agent was late to show up. We let ourselves in. Nobody had been in the house for a month (there was a sign in sheet). Realtor shows up and we make an offer. 3-4 days later she calls and says there is another offer and asks us to submit our highest offer. I said "I'm withdrawing my previous offer, they can have it." I knew she was playing games. 2 weeks later she called me again and asked if I would submit my offer again. I told her we already found another house and made an offer on it.

    Realtors and auctioneers, they try to be con artists.
    I kind of wonder if that is the case here as well. House was listed for super low. They ,,took,, an offer cheaper then mine. I wonder if they are bsing and plan on listing it again for alot more
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  23. #23
    Registered User VegasLifter26's Avatar
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    Originally Posted by artm View Post
    I kind of wonder if that is the case here as well. House was listed for super low. They ,,took,, an offer cheaper then mine. I wonder if they are bsing and plan on listing it again for alot more
    yea, that makes sense...put it on the market to test the waters and see what its worth so they know how long to hold out or if they can raise the price
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    Originally Posted by VegasLifter26 View Post
    yea, that makes sense...put it on the market to test the waters and see what its worth so they know how long to hold out or if they can raise the price
    It's like women flirting with men at a bar. They aren't sure what their goods are worth, so they test the waters to see if they can get the biggest fish in the bar. The realtor is doing the same thing.
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    Originally Posted by paulinkansas View Post
    It's like women flirting with men at a bar. They aren't sure what their goods are worth, so they test the waters to see if they can get the biggest fish in the bar. The realtor is doing the same thing.
    yea its not a bad strategy...ji did that when i first started renting my apartment on airbnb...i set the price and saw how many booking requests i would get for the month so i knew the max i could charge to be fully booked

    just shoot them your offer and if they dont take it its their loss
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    Originally Posted by artm View Post
    Ok I finally found a house that I really like (looked at a ton of different ones)
    House got listed 2 days ago. I looked at it yesterday and made an offer 25k higher then they are asking.
    There was 2 other offers. Mine was the highest and owner decided to not take it?

    Can they do that and why would they??

    Money talks
    They probably knew that you would not get your loan approved at that kind of inflated value and didn't want to waste their time. Looks like you have a retarded agent.

    Or there was an all cash 1 week close offer they accepted so the could get out of dodge.
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    Originally Posted by VegasLifter26 View Post
    yea its not a bad strategy...ji did that when i first started renting my apartment on airbnb...i set the price and saw how many booking requests i would get for the month so i knew the max i could charge to be fully booked
    That's sort of how I priced my Short Term Rentals (they are like AirBnb but for traveling working people). In this town you can get a motel room with 2 beds for $400/week. I charge $600/week for a 3 bedroom furnished house with a full kitchen, washer/dryer, cable/wifi, everything.
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    Originally Posted by paulinkansas View Post
    That's sort of how I priced my Short Term Rentals (they are like AirBnb but for traveling working people). In this town you can get a motel room with 2 beds for $400/week. I charge $600/week for a 3 bedroom furnished house with a full kitchen, washer/dryer, cable/wifi, everything.
    what site do u use for that?
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    Originally Posted by VegasLifter26 View Post
    what site do u use for that?
    I'm on Craigslist plus Airbnb. I get about 2 contacts a year from Airbnb, and probably 6 contacts a month from Craigslist. My tenants are contractors. Those guys you see working on the large erections of steel at a petrochemical refinery. Welders, pipefitters, boilermakers. They drive jacked up 4x4s, have neck tats and chew tobacco in their sleep.
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    Originally Posted by artm View Post
    Ok I finally found a house that I really like (looked at a ton of different ones)
    House got listed 2 days ago. I looked at it yesterday and made an offer 25k higher then they are asking.
    There was 2 other offers. Mine was the highest and owner decided to not take it?

    Can they do that and why would they??

    Money talks

    Wtf, never had a problem just offering the asking price. Chicago's housing market isn't THAT hot.

    What area are you looking in?


    Apartment complexes you may have to offer a little over asking if it's in a good area but never a house.
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