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Updated almost 7 years ago on . Most recent reply

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Jimmie Feaster
  • Lakewood, OH
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I'm new. Realtor asked why tell owner I'm offering 85% of home pr

Jimmie Feaster
  • Lakewood, OH
Posted

I'm a first time home buyer. I've been on bp for about a year. Listening and reading. I'm bidding on this home. The realtor asked me what's my justification for asking 85% of the asking price. He said you could get rejected. I said "So". I asked why would they ask that. He said if you knew how much it was appraised you can ask that. I said wouldn't they put the price higher for negotiations. Am I wrong?

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

The second you replied "So", any agent who is worth their time would have parted ways with you.

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