I'm wondering how I would feel if my realtor that Im paying thousands to would divulge this info to a buyer.Lets say Im selling my car....regardless of how desperate I am, I don't want a buyer to know my situation, because if he knows I need to sell, he's gonna lowball me.

I guess that's my fear (desperately trying to overcome).

For example, if the house is a foreclosure and the seller is a bank, a cash offer may get you up to a 5-10% discount, in my experience.If the seller is a private seller, it's really going to depend on how desperate the seller is to get rid of the property and how much money he "needs" to make on the deal.For example, when I'm selling my properties, I like to get cash offers because it means less risk that the transaction won't close and it generally means a faster close, both of which are important enough to me that I'm willing to give a discount of up to 10% (depending on my profit margin for that particular property).Now, that said, some sellers are trying to get every penny out of their property, and the benefits of a cash deal (less risk, faster close) isn't worth trading any profit.

We have had some discussions on this forum regarding the topic, but the quick and short of it is this:- Negotiate a sales price, repayment term, interest rate, and down payment that will work for both of you- If seller needs cash immediately then they can sell your loan to a private investor- Make sure that your contract allows you to either assign the contract and/or lease the property to someone elseIf the seller is truly desperate then I would try to negotiate a loan like this:- Low monthly payment- No down payment / low down payment- Sales price that meets (or possibly exceeds) the asking price- Long term for loanThis lets you sell the idea that the owner is getting the sales price he wants while you are getting the loan payment that you can afford.

These notes get overshopped and this weakens the price by making the seller look desperate or like they don't know what they are doing.

It was winter and I was pretty desperate but want someone that will take care of the house.

I'm just sick of it all and desperate to get rid of the thing.Now that I've spelled out all this despair (thanks for listening), I wonder if anyone out there has some advice.

As a result of higher interest rates, the market slows many times and sellers begin to become more desperate.

Desperate people = easy pickings for scammers.

A few times a year I'll call one or two of them, give them my numbers then sit and chuckle (to myself) as they hem and haw and try to figure out how to use their calculator and come up with a price.BTW, I've been a RE investor for close to 30 years, I've bought a few seconds (desperate sellers who needed the money to put up their noses) and a couple of firsts.