Quote:
Originally Posted by AVGWarhawk
I get the impression she needs to move. She will probably have to take the loss or meet you half way. Is there meat on her end of the bone ultimately is the question.
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My realtor got a copy of the same email and called me soon after, she said she'd already called the other agent to get some idea of what he used as a benchmark when listing it because TBH we thought the place was practically a steal at the listed price. It's only been on the market since December but I guess that's how fast things change... doesn't help that there are a lot of foreclosures and short sales in the area which is driving down prices.
But I will say that the places we looked at that were priced lower were generally in terrible shape - some we never got past the foyer because just the smell was so bad. You'd need to spend the extra $10-15K just to make them livable.
I hope she's as anxious to sell as she seemed to be a month ago, but I don't know. My realtor feels that given the current market and the fact that three places in the same complex have just sold at around the appraisal price, she might actually come down to that. Which would be fantastic for me, but we'll have to see what happens. A couple weeks ago she was balking at doing anything about the broken dishwasher because I was already getting such a good deal on the place so who knows how she'll react to this.