Take it. I think you’re just as likely to make less money by waiting

Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up

Report problem with this ad

Feb 11, 2020
8:31:57pm

webster242 Starter

Take it. I think you’re just as likely to make less money by waiting

As you are to make more. (Net)

Report problem with this ad

webster242

Bio page: webster242
Joined: Sep 7, 2007
Last login: May 5, 2024
Total posts: 2,584 (1 FO)

Report problem with this ad

Messages

Author

Time

Home selling advice needed. I currently have my house listed FSBO at $245K. Most

2/11/20 8:24pm

Sounds like you have already answered your question.

OceanMang

2/11/20 8:26pm

Additional carrying costs: taxes, insurance, utilities, maintenance.

MichCoug

2/11/20 8:36pm

I would take the offer too

Joel Tilton

2/11/20 8:26pm

My professional opinion is to take the offer.

2/11/20 8:27pm

Bird in the hand

Big Wally D

2/11/20 8:27pm

I would take it. Good luck.

cougfanz

2/11/20 8:27pm

take the cash.

hebercreeper

2/11/20 8:28pm

Counteroffer at $235k

idacoug

2/11/20 8:30pm

I tried.

2/11/20 8:40pm

have you already tried a counter offer?

Nuke

2/11/20 8:30pm

Yes. They're Chinese and haven't budged an inch from their original offer, even

2/11/20 8:39pm

In that case. If you sell then you may as well surrender your passport and leave

OceanMang

2/11/20 8:43pm

$245,000 -($245,000 * 6%) = $230,300. No way... Not worth losing $300.

boogers

2/11/20 8:30pm

Does seller really pay 6%?

idacoug

2/11/20 8:32pm

Yes.

chago04

2/11/20 8:32pm

How is the breakdown? 3% buyer agent, 3% listing agent?

idacoug

2/11/20 8:46pm

Yes

Plato

2/11/20 8:34pm

It's more like I think I could sell it for ~$236K FSBO in a few months, but even

2/11/20 8:34pm

Take it. I think you’re just as likely to make less money by waiting

webster242

2/11/20 8:31pm

Are you paying any buyer’s agent fees?

2/11/20 8:33pm

No. Their realtor lied to them and told them my home was no longer on the market

2/11/20 8:37pm

If that was their initial offer I would consider countering for a bit more.

2/11/20 8:40pm

I just saw you countered already. Never mind.

2/11/20 8:42pm

Assuming you still have a mortgage, there are holding costs as well.

Duke Silver

2/11/20 8:36pm

if you say so. this entire thread takes a single position that is willfully ignorant

Bob Vance

2/11/20 8:59pm

Based off the info you gave I would absolutely take the offer and run.

RdF3

2/11/20 9:03pm

I would sell to the cash buyers.

byubyu

2/11/20 9:05pm

Sell.

kccougar

2/11/20 9:07pm

button up all the loose ends you can when you accept that offer.

BYUFBDAD

2/11/20 9:56pm

Great advice.

byubyu

2/11/20 9:58pm

I would pass on this offer entirely. Market is hot right now. Put it up and

Iman23

2/12/20 6:27am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad