Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

My first missed deal :(
I was at my girlfriends father's house a few months back, and the house across the street from him was for FSBO. We chatted about it and he knew the owner. He said the owner was asking $103k, but would take less. It is in a C neighborhood, not necessarily where he sees his daughter living, thus he talked us out of showing interest (I didn't make it clear enough that we wouldn't be there long term I suppose).
Long story short, I am there again tonight and there is a realtor's sign out front. I mentioned it to him and he said he only saw them working on the landscaping/paining the front of the house. I come home and look up the property, and it's listed for over $200k!!!
While it is frustrating that I missed the opportunity, at least I know that my head is in the right place! On to the next one...
Most Popular Reply

$100k difference? That's a huge jump! Are you sure he really was going to sell for the $103k your girlfriend's father thought it would go for? Seems like a huge discrepancy.
Also remember just because they are asking $200k for it, doesn't mean they will necessarily get anything close to it! And if so, then definitely good lesson learned, jump on good opportunities when they arise :)