Always counter an offer?

[William Allen]

For you house flippers out there, do you always counter an offer in some way? We received a good offer today, slightly below list price and a little high on the buyers closing costs but overall it is good. I would like to counter with a few thousand less in closing expenses paid, however the offer is pretty good. I don't think we will have any problem selling this house but with it getting close to the holidays it would be nice to get this one locked up. The main problem I see with paying such high closing costs is that if there are any problems with the appraisal we may need to lower the price slightly. We could always reduce the closing costs at the same time but that may cause more problems. I would prefer to address it now.

What do you other flippers do? Ever accepted a deal out of the gate with no negotiation when it was below list price? I think people like to feel like they got a deal and some back and forth usually makes them feel like they did.

[Aaron McGinnis]

If the offer was reasonable, I'll accept it.

Once I had a person offer me 95% of my asking price, in cash. I countered. They got offended and bought the house down the street.

Moral of the story: Pigs get fat... hogs get slaughtered. I lost sight of the fact that a good offer is a good offer.