Loading…
16
My realtor told me to offer 20k over asking on a duplex in Mill Woods back in February
I was looking at a 3-bedroom duplex listed at 350k. She said the market was hot and we needed to come in strong. I pushed back and offered 5k over instead with a home inspection condition. They accepted. 2 months later the same model down the street sold for 345k. Has anyone else had agents push for higher offers that didnt pan out?
2 comments
Log in to join the discussion
Log In2 Comments
reese863mo ago
Did you actually end up closing on that place? I had a realtor once who kept pushing me to bid 15k over on a townhouse because "three other offers were coming in".. turned out there was only one other bid and it was lower than mine.
2
loganburns3mo ago
Used to think realtors just knew the market better than me, so I'd blindly trust their push for higher offers. After seeing comps come in lower multiple times, I started asking for their actual data on recent sales before agreeing. Now I always check the numbers myself before I say yes to anything over asking.
2