Okay, what is it with buyers today who think they can low ball offers? I mean ethically, we show them the comps, explain why the property has been reduced, show the property, pull the tax records, the plats, and talk with the listing agent in depth. We even hint to the listing agent about any former offers and check out the history of the property to justify why a certain price is right.
Does any of that help? It seems that buyers who think the housing market is a "free for all" are coming out of the woodwork. I realize our duty is to write the offer, but we cross that fine line of being pegged as the ridiculous agent who presents "cheap" offers. Or what could be worse, is having the listing agent ignore your offer, or return the contract with big bold letters, R_E_J_E_C_T_E_D!
Now, I would never do that to another agent, just because, I have self control and given the market I know most agents are being pressured by their clients. Truth be known, I had an agent in town do that to me, and delivered the REJECTED offer to my office. I couldn't figure out if he was trying to make a statement or didn't have the spine to tell me to my face how it insulted his seller. I would have preferred the later, for I would have loved to explain my frustration.I am wondering how many other agents are getting fed up with the low offers and just walking away or redirecting them to find another discount brokerage. What would you do?
