Dr. Karen  Lewis, Broker 954-2489149, No Compromise When it Comes to Our Clients! (K1 Realty Group)

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Rainmaker
903,607
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Too many questions within that question. How much time passed in between the two offers? Is the $300,000 an overprice? Is $250,000 a market value?
Under 'normal' circumstances, no, it's ridiculous. I wish I could say I've never seen anything more astoundingly lame . . . except I have. LOL
PS. If it was my seller and the offer came in through another agent, of course I would submit it. If my buyer wanted to do that, I would probably cease working with that buyer.

Aug 29, 2017 04:35 AM
Rainmaker
4,178,049
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

It is the law that all offers be submitted to a seller. They don't need to respond or to accept, but you must submit.

Aug 29, 2017 04:42 AM
Rainmaker
1,730,245
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

Have to present them all but I also tell the agent prior offers were not accepted for that price.

Aug 29, 2017 04:34 AM
Rainmaker
4,140,215
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

The answer may be "it depends" while remembering that all written offers must be submitted to the seller.  "It depends" may enter the scenario "if" the seller has expressed(and there is proper documentation) that they do not want to see any offers under a certain price.      

Most buyers/sellers don't understand our obligations unless we explain the "rules"(and sometimes it requires repeatedly explaining).   Upfront conversation with our sellers regarding offer presentation needs to take place -- they are the decision maker, we guide but not decide.   

Aug 29, 2017 05:00 AM
Rainmaker
853,235
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Depends on circumstances. If 300 is fair market value, I would tell buyer that a 250 would probably be rejected since seller already rejected a 300,000 offer.

Aug 29, 2017 04:38 AM
Ambassador
4,309,763
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

If my seller denied an Offer for $300K and I got another one in on their behalf for $250K, absoultely, I would submit it. Regardless of the price, I submit all Offers.

Even if the seller said no to the $300K and said, "Don't bring me any Offers less than $325K," I'd still let them know that I received that $250K Offer.

Aug 29, 2017 06:34 AM
Ambassador
1,828,058
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

There is so much  "depends" in this question that it might as well be a television commercial at a senior center.

Let's make the presumption that when the offer for $300,000 came in, my seller, as I was leaving her house, threw the loose paperwork over my head and screamed at me "And don't bring me any other 'lowball' offers like this again!" slamming the door hard enough that the all the neighbourhood dogs started barking in unison.

So, under those conditions ... no ... I'm not bringing her a $250,000 offer... I ain't got no death-wish.

Aug 29, 2017 06:32 AM
Rainmaker
3,070,134
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Depends on the written instructions from the seller...

Aug 29, 2017 05:13 AM
Rainmaker
4,090,342
Richard Weeks
Dallas, TX
REALTOR®, Broker

Unless I have written instruction as to which offers not to submit I would submit all offers (written or verbal).

Aug 29, 2017 04:57 AM
Rainmaker
508,743
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I would.  It's not for us to determine what our seller will and will not deny unless if we have something in writing and signed by seller that he will deny any offer $300k and under.  The house may be sitting on the market for a month when the $250k offer comes. He may be motivated to sell by now. 

Aug 29, 2017 06:42 AM
Rainmaker
923,323
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

What's the price and what do the comps say?

Aug 29, 2017 06:33 AM
Rainmaker
1,573,723
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Yes, required by my listing agreement to submit all offers.  However I would let the agent know that higher has been rejected just in case reconsideration of the offer is on the table.

Aug 29, 2017 06:24 AM
Rainmaker
710,234
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Talk to your client and obtain their instructions. 

Aug 29, 2017 06:09 AM
Ambassador
2,576,707
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

        I have to present all offers, etc.  But I'm not going to invest much time on it.  Email it, have the Seller acknowledge receipt, let them decide.

Aug 29, 2017 05:58 AM
Rainmaker
4,266,073
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I'll go with Lyn Sims on this one. No use in blowing smoke to the buyer's agent!

Aug 29, 2017 05:54 AM
Rainmaker
4,050,733
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Have to submit all offers to your seller is that the rules are 

Aug 29, 2017 09:54 AM
Rainmaker
808,897
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

What Nina Hollander said. -Kasey

Aug 29, 2017 08:55 AM
Ambassador
3,081,860
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

All offers must be submitted to a seller unless a seller otherwise states: Do not send me any offers under X amount. 

Aug 29, 2017 08:47 AM
Rainmaker
5,649,276
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

We submit all offers.

Aug 29, 2017 07:58 AM
Rainmaker
598,769
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Yes, because I am obligated to present all offers to my client.

Aug 29, 2017 07:22 AM
Rainmaker
689,575
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Unless the seller told me to not submit any offers under "X" amount I would submit all offers. Clearly this offer would be presented in a quick text or call. 

Aug 29, 2017 07:08 AM
Rainer
331,452
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

I personally like to not have to deal with me being on the wrong side of the law, so I am presenting all the offers. I like to get a signature on everything to be able to get something back to the cooperating agent just as proof the offer was presented. Knowing the law helps everyone involved.

Aug 29, 2017 06:59 AM
Ambassador
3,787,983
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

No, are you kidding me...

Aug 29, 2017 06:53 AM
Rainmaker
1,462,627
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Karen Jones Lewis, MBA, Realtor Yes, we are required to present all offers to our selling clients.

Aug 29, 2017 06:44 AM
Rainmaker
827,212
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It all depends on the terms as to whether seller might accept. As far as submitting, you have to present everything, it's not a choice for the agent.

Aug 29, 2017 06:42 AM
Rainmaker
2,029,730
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

It depends who you are in the transaction ?

Aug 29, 2017 06:29 AM
Rainmaker
6,674,613
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Actions would relate to the circumstances.

Aug 29, 2017 05:20 AM
Rainmaker
4,997,179
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

All offers must be submitted to the Seller, no matter what price.  They always have the option to decline or not answer.

Aug 31, 2017 07:45 AM
Ambassador
5,462,621
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Everyday is a new situation, deliver all of the offers.

Aug 31, 2017 12:37 AM
Rainmaker
1,644,582
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

We are required to present any and all offers to our principals. We let them decide the next step.

Aug 30, 2017 11:37 AM
Rainmaker
4,799,601
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

If it was my seller, I would submit the offer as required by law.

Aug 30, 2017 05:58 AM
Ambassador
4,314,288
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Karen Jones Lewis, MBA, Realtor - Our job is to submit the offer!

It is a different time. Seller's motivation does 'fluctuate'!

And as I mentioned, unless the seller has instructed you not to present such offers, I'd alway present it.

Aug 29, 2017 10:28 PM
Rainmaker
1,394,319
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

You never know, the 300 could be VA financed wanting 15k back (I've seen it) in seller covered expenses and the 250 could be all cash.  Now if the seller said "I don't want to see anything under 350" I'd tell the 250 agent that and not to waste their time.

Aug 29, 2017 05:06 PM
Rainer
272,734
Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

Isn't it your job to present all offers? 

Aug 29, 2017 12:55 PM
Rainmaker
673,546
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Yes, as I'm required to present all offers.

Aug 29, 2017 12:21 PM
Rainmaker
2,648,593
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

All is negotiable but is it worthy? Ignorance, trial & error and many bites at the apple can offend some and win over others. First read it well & then act

Aug 29, 2017 11:08 AM
Rainmaker
1,114,505
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I will set the low limit with my Seller at listing and adhere to that number contractually. No unnecessary effort for offers not meeting that threshold.

Aug 29, 2017 10:26 AM
Rainmaker
1,527,716
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

What was original asking price and do you think it was overprised? I would not send another low ball offer only if that low offer is based on recent sales. 

Aug 29, 2017 10:24 AM
Ambassador
3,290,504
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Submit unless I've got it in writing to not submit any offers under XXX

Aug 29, 2017 10:06 AM
Rainmaker
1,157,862
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I will call the agent apologize and ask if the seller will consider that price range first. You can be labeled as a low ball agent.

Aug 29, 2017 06:44 AM