I insulted seller

[Joe Conklin]

I believe that I insulted the seller.  My agent relayed a message to me saying the other realtor mentioned offer will likely flat out rejected and will insult them.

Listing: 125k

My Offer: 90k

My max: 115k

So tomorrow when my offer gets rejected, what do you feel is the best approach?  I'm either thinking a) submit my max offer or b) raise my offer price to 105k.

I'm leaning towards raising my offer to 105k as them rejecting my offer is a good negotiation tactic on their part.

[Bob B.]

I think that most of the time the realtor has guided the seller towards a price that they, the realtor thinks the property is worth.  The agent brings in a bunch of comps and fancy marketing brochures and make all sorts of promises (unless they are members of BP).

 Most sellers are inexperienced as they might have only sold/purchased a couple of homes in their lifetime.  They often go with the realtor that they feel can get them the most for their home.  Along comes a buyer that offers less than the asking price and the agent, being the one that set the price, isn't to thrilled having to go to the seller and explain that they, the agent overpriced the house and maybe it's not worth what the agent told the seller.  I think most of the time the selling agent is "insulted".

If the seller is a bank that's a different story.  How can you insult a financial institution?