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Jan 13, 2022
11:00
:42
am
Kajdin
All-American
Real estate is one of the only peer-to-peer sales for average consumers in our
Economy. It's different from a company advertising a price then saying nevermind when you walk in the door.
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Kajdin
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Kajdin
Joined
Jul 1, 2012
Last login
May 5, 2024
Total posts
8,106 (31 FO)
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Messages
Author
Time
This is my #1 beef with real estate. A listing price is what you would sell it for. I know many of you will disagree,
Ragnar Danneskjold
$4,000,000 never forget
1/13/22 10:46am
The issue is that the first offer that comes in is often over asking and at that point a door has been opened and
supertux
1/13/22 10:47am
True. Taking the highest offer is absolutely fine. But I've seen some act all arrogant with an offer at asking price,
Ragnar Danneskjold
1/13/22 10:49am
We just sold our home. First offer was asking price so we were excited but
ChiCityCoug
1/13/22 10:54am
Agreed but Lying is encouraged in capitalism.
rcbyufan
1/13/22 10:48am
Disagree that the listing price is what you’d sell it for.
Cougarclaw
1/13/22 10:51am
That's like a car dealership advertising a particular VIN at a particular price. I believe it is illegal to demand more
Ragnar Danneskjold
1/13/22 10:54am
Real estate is one of the only peer-to-peer sales for average consumers in our
Kajdin
1/13/22 11:00am
Not really. Let's say you met somebody to buy a used tablet for the listed $100, but in the meeting spot the SELLER says
Ragnar Danneskjold
1/13/22 12:09pm
car dealerships are notorious negotiators, with notable exceptions like carmax
Cougarclaw
1/13/22 11:03am
Let's say your wife spent an hour at Costco, and while being rung up, it came to $300. Your wife went to pay, but the
Ragnar Danneskjold
1/13/22 12:07pm
yes that would be uncomfortable. and what do you think would happen if they did?
Cougarclaw
1/13/22 3:40pm
Wait, what? The seller set a price, and then claims the price is wrong. What does that have to do with rationioning?
Ragnar Danneskjold
1/13/22 4:04pm
leaving an offered price behind is an act of negotiating.
Cougarclaw
1/13/22 4:55pm
That makes no sense. The seller is setting the price.
Ragnar Danneskjold
1/13/22 5:31pm
Not when it's known the industry allows for negotiation. Buying a home isn't
Doodlebob
1/14/22 10:01am
Nah. Listing price gives a sense for what you might sell it for so buyers know
garyfan
1/13/22 10:55am
I think my real beef is sellers listing for a price they have no intention of actually honoring.
Ragnar Danneskjold
1/13/22 10:56am
I wanted more people to see my house. Both times we bought it was more than
cougaman
1/13/22 10:59am
See, that seems like a bait and switch. You had no intention to sell at the listed price. You are deceiving people.
Ragnar Danneskjold
1/13/22 12:10pm
I was going to sell regardless. I figured we would get higher offers. It's not
cougaman
1/13/22 2:17pm
The grocery store doesn't advertise. 99 sale, then refuses to sell at .99
Ragnar Danneskjold
1/13/22 4:11pm
It's not like we should know what the market is for our home. It's a supply and
cougaman
1/13/22 7:41pm
Absolutely you should. It's the ones that stick their nose up in the air to an offer @ asking price when they have no
Ragnar Danneskjold
1/13/22 9:47pm
Funny/crazy story about this.
cougarfanatic
1/13/22 11:02am
Sometimes value is created by people wanting something someone else wants too.
Kajdin
1/13/22 11:08am
If you list a car for sale for $30K and somebody agrees to pay full price, do you tell the buyer, "Sorry, it's really
SierraCoug
1/13/22 11:36am
It's more like an auction. That's the starting price.
Pro Logic
1/13/22 12:00pm
That is the most reasonable explanation I have seen so far.
Ragnar Danneskjold
1/13/22 12:12pm
I actually bought a house in 2021 for list price
Squeegee
1/14/22 8:33am
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