leaving an offered price behind is an act of negotiating.

Jan 13, 2022
4:55:34pm

Cougarclaw Truly Addicted User

If you remove negotiating, as you argue, you are left with forcing people to pay prices and goods they don't need or want at prices that are effectively meaningless.

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Cougarclaw

Previous username: BigWoodThunder
Bio page: Cougarclaw
Joined: Jun 22, 2011
Last login: May 18, 2024
Total posts: 59,811 (14,996 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

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