Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 13 years ago,

User Stats

2,714
Posts
1,553
Votes
Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
1,553
Votes |
2,714
Posts

Agents who push monthy payment over price paid

Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
Posted

Just a developing pet peeve -- cannot stand it when an agent tells me, Well, the extra thousands they want you to pay in their counter-offer would only be $X more a month, and that's not much at all! Like I'm being cheap by not wanting to accept a measley $35 more a month to make the deal go through. I was taught that you make money when you buy right. Paying thousands more most likely means walking away with thousands LESS when you sell, in addition to the $400 or so extra per year in payments that will have to either come from the tenant or out of your own pocket. Those thousands of dollars are not just a slightly higher monthly payment -- they ripple through the entire investment, and should be a huge consideration whether to accept a counter or walk away. I realize an agent may think they are phrasing it in a way that sounds more acceptable, but in reality it just makes me think they really don't know what they are doing.

Loading replies...