Current Events > Why would a seller ever be offended by an offer?

(+) Yeah! (+)

It's just an offer. Take it or leave it. I have no idea if you'll take this much if I don't ask. If it's too little then we can try again.

Why does anything offend anybody

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Like if I want to offer $300k for a house listed at $350k...that's not a joke offer. I don't know what other offers they've had. If they feel that their house is worth $335k no less then come back with a counter offer instead of writing me off completely because you got offended.

Nobody likes to be lowballed. Clowns on ebay and craigslist make offers below 50% of the asking price.

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YellowMustard69 posted...

Like if I want to offer $300k for a house listed at $350k...that's not a joke offer. I don't know what other offers they've had. If they feel that their house is worth $335k no less then come back with a counter offer instead of writing me off completely because you got offended.

With that strategy, you shouldve started at $1. Rookie mistake

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If you were a seller, youd know why

I fucking hate low ballers. Theyre pieces of crap.

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Pepys Monster posted...

Nobody likes to be lowballed. Clowns on ebay and craigslist make offers below 50% of the asking price.

So decline the offer. That's all. It's not like they are insulting you.

YellowMustard69 posted...

So decline the offer. It isn't hard. Nor is it an insult.

Don't waste his time.

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AzNDarkSamurai posted...

If you were a seller, youd know why

I fucking hate low ballers. Theyre pieces of crap.

They're just asking.

YellowMustard69 posted...

So decline the offer. That's all. It's not like they are insulting you.

Maybe you should instead take the hint and stop lowballing people

lol talk about zero self awareness

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r/ChoosingBeggars

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Youd understand if you tried selling things on fb or whatever

you get tons of bullshit lowball offers from people who have no idea what grammar is

after a while it becomes very irritating

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"i see you're selling <thing> for $800. I did absolutely no research on <thing>, and can't find <thing> for a lower price anywhere else. Would you take $20 and these bits of string?"

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did they say like "$325k obo"?

if they never stated a price and you have no context on what is a good price to offer then that sounds like a them problem.

depending on the area $300k could be a high ball or a low ball, but I wouldn't say that's a bad starting offer to open up a conversation for pricing

*lists car on Craigslist for $14000, about $2000 under KBB value and 1-5k less than similar cars being sold*

"hey man I'll give you $6000 for it"

-_-

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I've never cared about a lowball offer, if it ends there, and they were educated about what they were buying.

But when they can't even read the GD ad, and then they lowball ya, it starts compounding.

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AzNDarkSamurai posted...

If you were a seller, youd know why

I fucking hate low ballers. Theyre pieces of crap.

Goes the other way too. Sometimes people put things at way higher than they're worth, in fact that's usually the case.

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Medussa posted...

"i see you're selling <thing> for $800. I did absolutely no research on <thing>, and can't find <thing> for a lower price anywhere else. Would you take $20 and these bits of string?"

"No thanks. But hey, thanks for the offer! It never hurts to ask. Thank you."

Tired-Insomniac posted...

*lists car on Craigslist for $14000, about $2000 under KBB value and 1-5k less than similar cars being sold*

"hey man I'll give you $6000 for it"

-_-

"Hey thanks for the offer. But $6000 is too little. I will go as low as $12500 no less."

Because a low offer can obviously come off as trying to massive drive the price down. In your example, where you offer $300k for a $350k house, that to me as a hypothetical seller makes me think that the you're ceiling is probably well below my floor.

So why should a seller waste time with an offer that they view insultingingly low, especially if someone else gives them a $340k offer instead?

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TheTrueAmerican posted...

Goes the other way too. Sometimes people put things at way higher than they're worth, in fact that's usually the case.

Especially on Craigslist with musical instruments.

"This guitar retails for $3000. I am selling it for only $2000. It is in excellent condition. This is a great deal."

And then you check and you see that while the retail price is $3000, you can buy it brand new on Sweetwater or Guitar center for like $2199.

K181 posted...

Because a low offer can obviously come off as trying to massive drive the price down. In your example, where you offer $300k for a $350k house, that to me as a hypothetical seller makes me think that the you're ceiling is probably well below my floor.

So why should a seller waste time with an offer that they view insultingingly low, especially if someone else gives them a $340k offer instead?

Because as a buyer I have no fucking clue how low you're willing to go, and I don't want to take even a 1% chance that I'm paying more than necessary.

How is that so hard to understand? Buyers don't want to get screwed.

It's an insult to your intelligence if they think you'll go for like 80% below asking price.

Of course if the offer is super bad I'd just not respond. If it's semi reasonable but too low for me then I'll politely inform them.

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YellowMustard69 posted...

"Hey thanks for the offer. But $6000 is too little. I will go as low as $12500 no less."

Because sellers usually don't want to go to their floor right away for the same reason why buyers usually don't want to go to their ceiling right away,

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AzNDarkSamurai posted...

If you were a seller, youd know why

I fucking hate low ballers. Theyre pieces of crap.

in TCs, its not so bad. Hes just trying to buy a home.
what I fucking hate is when house fippers somehow get my phone number and know my address with the intent of buying my house for literally half of its market value. What the hell is the point? I can easily get market value if I wanted to sell. Those idiots can get fucked.

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Let's be honest, though. If I list the price at $500, it's because I want $500 for it. I'll lower the price on the listing myself if I'm willing to take less.

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s0nicfan posted...

Got em

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YellowMustard69 posted...

Because as a buyer I have no fucking clue how low you're willing to go, and I don't want to take even a 1% chance that I'm paying more than necessary.

How is that so hard to understand? Buyers don't want to get screwed.

And sellers have no clue if the person making the offer is haggling in good faith. It's a waste of time to engage with them if you have a property or item that you're confident would sell well above your floor, especially as people with such low offers also tend to look for nickel and dime things in inspections to try to further lower the price or get additional credits thereby further reducing the amount you can walk away with.

If I was selling a $350k property, and I got two offers for $300k and $330k, I'll flat out say that I'm not even going to respond to the lower one unless the bigger one falls apart, as I doubt that the haggling with either party would make up the difference in the initial offers.

Lowball someone, and you risk getting outright rejected. Tough break.

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YellowMustard69 posted...

Like if I want to offer $300k for a house listed at $350k

This, though? This annoys me. Imagine chopping $50,000 off the asking price. Whatever, it's a certain percentage, but for some people, $50,000 is a year's salary. Maybe even two years.

If you can't afford the house, lower your price range.

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Gobstoppers12 posted...

This, though? This annoys me. Imagine chopping $50,000 off the asking price. Whatever, it's a certain percentage, but for some people, $50,000 is a year's salary. Maybe even two years.

If you can't afford the house, lower your price range.

What if the seller would take that though? What if there's market uncertainty right now? How hard is it to just say no and come back with a counter offer?

It's not like I'm gonna spend $800 in every house I am interested in to get it appraised first.

Gobstoppers12 posted...

This, though? This annoys me. Imagine chopping $50,000 off the asking price. Whatever, it's a certain percentage, but for some people, $50,000 is a year's salary. Maybe even two years.

If you can't afford the house, lower your price range.

Buyer's market boss.

Standard drop is 7-12% on a home price.

That's 16%

Sensible counteroffer would be 320.

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Tupacrulez posted...

Sensible counteroffer would be 320.

For me, a sensible counter-offer would be "fuck off, you're wasting my time"

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But the seller isn't losing anything except maybe the 3 seconds it takes to say no.

JustMyOpinion posted...

What a stupid topic. You know why they'd be offended. Are you starved for attention? Bored?

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YellowMustard69 posted...

But the seller isn't losing anything except maybe the 3 seconds it takes to say no.

Imagine taking this much pride in being a lowballing vulture.

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s0nicfan posted...

10/10

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YellowMustard69 posted...

But the seller isn't losing anything except maybe the 3 seconds it takes to say no.

"Just give me stuff for way less than the asking price! Stop getting mad. GOSH."

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I'm not saying I'm a lowballer. I'm looking at making a purchase soon and am just getting a feel.

I was told "don't make an offer too low or else the seller might get offended and refuse to deal with you"...and I'm thinking so what if I am new at this and don't want to get screwed? How could a seller be so closed minded that they don't even consider that there's people like me out there who are just trying to be smart and make sure we aren't getting screwed?

I could be willing to go as high as $330k which the seller might take. So if I offer 300k, and he gets offended instead of negotiating further with me, then he just lost out on a sale. What an idiot.

YellowMustard69 posted...

I'm not saying I'm a lowballer. I'm looking at making a purchase soon and am just getting a feel.

I was told "don't make an offer too low or else the seller might get offended and refuse to deal with you"...and I'm thinking so what if I am new at this and don't want to get screwed? How could a seller be so closed minded that they don't even consider that there's people like me out there who are just trying to be smart and make sure we aren't getting screwed?

I could be willing to go as high as $330k which the seller might take. So if I offer 300k, and he gets offended instead of negotiating further with me, then he just lost out on a sale. What an idiot.

If he's selling for $350K, maybe, just maybe, he wants more than $330K. Shut the fuck up.

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YellowMustard69 posted...

people like me out there who are just trying to be smart

lmao
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Pepys Monster posted...

If he's selling for $350K, maybe, just maybe, he wants more than $330K. Shut the fuck up.

Somebody gave an example in this topic using 330k as an offer. I'm just giving another hypothetical.

Gobstoppers12 posted...

For me, a sensible counter-offer would be "fuck off, you're wasting my time"

Lol no. You're selling a house.

Unless it's a serious seller's market, which it isn't in the vast majority of North America, you aren't getting asking price.

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