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Updated over 8 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Jeff Cross
  • Property Manager
  • Erie, CO
4
Votes |
14
Posts

Seller Gives "Best & Final" Offer

Jeff Cross
  • Property Manager
  • Erie, CO
Posted
Looking for some some input on my negotiation status. After my initial offer, the seller countered. I countered his counter, then he responded with a "best and final". How appropriate is it for me to respond with MY best and final? His best and final is about 1% higher than my max. Would it be acceptable to ask for seller to pay for all or even just a portion of closing costs/prepaids? I want to be respectful of his best and final, but I really want to see my overall cost drop another 1%. Thanks!

Most Popular Reply

User Stats

14
Posts
4
Votes
Jeff Cross
  • Property Manager
  • Erie, CO
4
Votes |
14
Posts
Jeff Cross
  • Property Manager
  • Erie, CO
Replied

John Anderson Respectfully, if my original offer was a low-ball, seller would not have countered with a 4% price drop.

Jay Hinrichs That makes sense.

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