I placed a offer on a brownstone that was 12% under the asking price, and put the offer in writing. Seller’s broker comes back two days later saying that they counter with 6% off asking price. The counter wasnt in writing and was just verbal, nonetheless, I countered in writing, slightly lower than the seller’s counter offer.

After waiting almost 2 weeks I started to thinking and felt that I should wait out the market a bit. Also I started to feel like I was negotiating with myself. At no time did the seller’s broker put something in writing and fax it over. Also weird that they countered in under 48hrs, but wanted to sit on my final offer for more than two weeks.

Two days ago I tell seller’s broker to withdraw my offer. Now I get a call today saying that they accept my offer. I kind of want the house still but now at my original price that I first offered. Should I just wait another month, or two weeks like they did to make a decision.


What's Your Take? Leave a Comment

  1. Thanks for input.

    Now how would I get parties back to the table? She called and I said that I wasnt interested. Now do I just call her saying that I’m now willing to listen?

  2. if you want the house, be the nicest guy ever and say GREAT! sign everything, be easy, and then after the inspection knock them all the way back down. you’ll find something during inspection — you can always find something. at that point, they won’t want to start over — and, after all, you have been easy to deal with — and you’ll get the house you want at the price you want.

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