I'll be talking with my realtor tomorrow, but wondered if there was any insight or thoughts from this board.
Put an offer in with 24 hr deadline. Offer was 4% below asking, 45 days to close. House has been on the market 33 days with 4 price decreases. Realtor heard nothing back from listing agent at all, offer expired at 8 this evening.
I don't think the offer was out of line. Especially not enough to just ignore. So do I move on? Resubmit an offer $5k higher? That'd be about as much as I'm willing to go, comps don't support even the most recent lowered number.
This is assuming there wasn't another offer they are taking or negotiating with.
Put an offer in with 24 hr deadline. Offer was 4% below asking, 45 days to close. House has been on the market 33 days with 4 price decreases. Realtor heard nothing back from listing agent at all, offer expired at 8 this evening.
I don't think the offer was out of line. Especially not enough to just ignore. So do I move on? Resubmit an offer $5k higher? That'd be about as much as I'm willing to go, comps don't support even the most recent lowered number.
This is assuming there wasn't another offer they are taking or negotiating with.