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Updated over 9 years ago on . Most recent reply

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Jerryll Noorden#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
4,058
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4,757
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Help on negotiating

Jerryll Noorden#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
Posted

Hi everyone.

I am dealing with a situation here.

I made an offer, the owner likes the offer.

As the owners are a brother and a sister, he (the one I am dealing with, brother) wants to run it by sister.

It is taking weeks already but sister is dragging her feet. Finally after 3 weeks of waiting he says, he likes the offer but sister is a bit hesitant. She wants about 15K more.

The way it came across, is that she isn't sure , much like she has no idea how it works, but ays "the house across the street sold for XX (15 K more).

I really do not want to go up on my offer. Any pointers how to handle this?

Fact is you can't just compare a house that way, "house  over there sould for 15 K more". Even if the houses are similar. No 2 houses are the same.

What can I say, how do you pitch it, what can I do to convince them this is a good number to sell it at?

Thank you.

Most Popular Reply

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,511
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Way too long...for sure drop the assistant and algorithm bunk.

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