Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

11
Posts
0
Votes
Akilah Clark
0
Votes |
11
Posts

Stern sellers, should I meet with them?

Akilah Clark
Posted

Hey everyone, I’m working to get my first property under contract. The sellers are attached homeowners who’s pricing is completely out of range. They’re very stern on their price listed yet have bumped down the price approximately 20k and it hasn’t even been listed for a month yet.

I was supposed to go tour the home because initially I was told they had no photos but I’ve found some online. I was still gonna go to the viewing, just to give them an offer as well as educate them on the market. But they’re saying “is the price going to be good enough, we don’t want to waste our time”

I’m not afraid of being turned down but I’m trying to see the best way to go about this... anyone ?!

Most Popular Reply

User Stats

1,756
Posts
1,412
Votes
Paul De Luca
  • Real Estate Agent
  • Chicago, IL
1,412
Votes |
1,756
Posts
Paul De Luca
  • Real Estate Agent
  • Chicago, IL
Replied

That's a pretty aggressive price drop. Sounds like they are pretty motivated to sell quickly. Are you working with an agent? You should compare the price to comps to see if it's in line with them. Go to the viewing and if you are still interested make an offer that makes sense for you. If they don't like it, just walk away.

business profile image
Magnus Properties LLC
4.9 stars
24 Reviews

Loading replies...