All Forum Posts by: Engelbert Devera

@Robby Dearth Thanks. I’ll tell my realtor to call the other party.

@Steve K. Thanks man. It’s good to know that’s what they do. I’ll learn from Shark tank to know when to say “I’m out!” or fight for the deal.

@Brian Haskell they received the paperwork with their asking counter price but have NOT signed the contract. So technically I don’t have a deal until they sign it correct?

Thank you guys for your replies. I really appreciate it. My takeaway on this is ‘controlling my emotions’. I’m sure this is a newbie trait. But I’m learning a lot from all of you and will definitely take it in stride. This confirms I’m in the right tribe. Thanks again and will keep you updated. 

@Bill Brandt Hey Bill sorry for the confusion. So this is how it happened.

1-SFR listed at $95K

2- I offered $80K via contract using my realtor.

3- My realtor said the seller counter offered $82K via phone so nothing in writing.

4- I said ok let’s do it. So my realtor had to draft another offer showing the $82K and I signed it and she sent it.

5- Seller’s realtor then texted my realtor saying ‘By the way there’s another offer tomorrow just letting you know.’ So the contract with $82K offer has NOT been signed coz the other party is waiting for another offer.

@Tricia Ewing Thanks that’s a good advice.

@Matt M. Thanks man. That’s my inclination right now.

@Ben Grotzke Thanks Ben. I do feel like pulling my offer.

@Bill Brandt thanks. That’s the thing. My realtor sent the new paperwork and they haven’t signed it yet since they’re saying they’re waiting for a new offer tomorrow. It just puzzles me that they’re saying that within a few hours of me agreeing to what they countered.

But you’re right, I don’t have a deal until they sign the contract. I guess I just have to wait and see. Thanks again.

I made an offer today on a property that’s been sitting for some time now. The seller’s realtor made a counter offer and I accepted.

My realtor was about to send the contract with the amended price that I agreed to which is the seller’s asking counter offer.

Just a few hours into it the seller’s realtor texted my realtor saying there’s another offer coming in tomorrow.

REALLY?! Isn’t this a huge co-incidence that someone is making another offer tomorrow after a few hours of me accepting their counter offer? Smells fishy to me. I’m tempted to pull out my offer and say they can have it ! What would you guys do? This is my 1st flip.