2,074,080
"Unless you're prepared to outline what the $1,000 is for, we can only assume that you have no requests".
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Anna "Banana" Kruchten
Phoenix, AZ
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Anthony Kirlew
Gilbert, AZ
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Lyn Sims
Schaumburg, IL
2,684,769
Buyer is trying to lower the sales price by $1000. Do you accept, reject, or counter?
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Katina Hargrove 352-55...
Eustis, FL
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Anthony Kirlew
Gilbert, AZ
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Candice A. Donofrio
Fort Mohave, AZ
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Bob "RealMan" Timm
Minot, ND
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Michael Jacobs
Pasadena, CA
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Lyn Sims
Schaumburg, IL
-
Wanda Kubat-Nerdin - W...
St. George, UT
5,117,808
Simple... I would tell my client to politely tell the other side to go pound sand.
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Anthony Kirlew
Gilbert, AZ
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Brenda Mayette
Glenville, NY
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Thomas J. Nelson, REAL...
La Jolla, CA
-
Lea Lagueux
Saint Petersburg, FL
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Ron and Alexandra Seigel
Carpinteria, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
1,507,123
Obviously this agent has
- No clue what they're doing
- Didn't look at the report
- Is trying to get some money and look like a "hero" to their client
- Is not properly representing their client
- Does not realize that it is still very much a seller's market
My guidance would be to check the box next to "Seller does NOT agree to any of the Buyer's requests" and send them a contingency removal along with a 1 day notice to perform. I'd tell the agent "If you're client doesn't want the house, I'll sell it for more money to someone who does."
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Bob Crane
Stevens Point, WI
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Katina Hargrove 352-55...
Eustis, FL
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Anna "Banana" Kruchten
Phoenix, AZ
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Candice A. Donofrio
Fort Mohave, AZ
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
216,904
Unless there is a safety issue, etc., then Seller can either make repairs, credit or simply reject; their call.
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Anthony Kirlew
Gilbert, AZ
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Lyn Sims
Schaumburg, IL
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Wanda Kubat-Nerdin - W...
St. George, UT
4,584,821
Although some "Request For Repairs" seem non-sensical I have never seen such an outrageous "plea". Maybe the $1,000 is considered another nuisance fee.
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Anthony Kirlew
Gilbert, AZ
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Thomas J. Nelson, REAL...
La Jolla, CA
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Lyn Sims
Schaumburg, IL
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Ron and Alexandra Seigel
Carpinteria, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Nina Hollander, Broker
Charlotte, NC
1,848,031
Sounds like a buyer from IL. Not good enough for the buyer to demand money when your properties are usually as is. It's a shake down.
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Candice A. Donofrio
Fort Mohave, AZ
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
5,773,392
We agree on Nina Hollander 's answer on pounding sand. LOL A
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Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
3,142,297
Huh?! Repairs need to written down and then agreed upon...a home inspection is not a repair list!
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Candice A. Donofrio
Fort Mohave, AZ
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Lyn Sims
Schaumburg, IL
2,785,746
The motive behind it is missing or not clear. It is such an insignificant amount that one wonders: 1. Is someone just trying to impress? 2. An offset or recapture tactic? 3. Proof of worth? I have heard outlandish requests & the silly. Real Estate which is human nature driven does that. Seek results
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Lyn Sims
Schaumburg, IL
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Wanda Kubat-Nerdin - W...
St. George, UT
2,460,173
Most sellers would, when presented with a request for $1,000 with no backup, want to say "no." I think that's a valid response.
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Katina Hargrove 352-55...
Eustis, FL
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Thomas J. Nelson, REAL...
La Jolla, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
381,797
We're a due diligence state and sometimes buyers want a credit to make their own repairs from an inspection (even when it's bringing something up to current code when it wasn't code when it was built) We get price reduction requests often and sellers often give the reduction vs. doing the repairs. Sellers sometimes even offer a price reduction vs. doing repairs.
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
1,513,143
I thought we all had crystal balls, tarot cards and were psychics!
Oh and no.
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Thomas J. Nelson, REAL...
La Jolla, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
2,403,621
I'd say "I don't have time to figure it out. Fill in the blanks and we may honor your request if it's reasonable".
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Thomas J. Nelson, REAL...
La Jolla, CA
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
921,504
I would advise counter at list (- $1) plus $500 MLS or Convenience fee Paid by buyer agent to listing agent.and return the report.
Buyer agent will ask, "What's that for?"
This is a red flag indicating this is but the first in a long sequence of "shoot me now' episodes. I would advise seller to not take home off market for this buyer until ALL contingencies have been satisfied.
Regarding $1,000 credits based on inspection without very specific details would be a NO GO.
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Bob "RealMan" Timm
Minot, ND
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Thomas J. Nelson, REAL...
La Jolla, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
6,426,300
We are good at saying NO to these types of things.
I suspect that the buyer is just bluffing to see what they can get away with.
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Bob Crane
Stevens Point, WI
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Thomas J. Nelson, REAL...
La Jolla, CA
5,247,573
Nina Hollander and Alan May have you covered!
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Thomas J. Nelson, REAL...
La Jolla, CA
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Nina Hollander, Broker
Charlotte, NC
3,350,774
Seems to me like they are really asking for a seller credit. How can it be a repair request when no specific repairs are requested? By the way, that was rhetorical.
If they want repairs the repairs need to be outlined. If they want a credit they need to ask for a seller credit.
There is always more to the story - the details. The market. Backup offers? If your market is like my market, and I suspect it is very much like my market, then I'd have a discussion with the seller regarding options. There are many, including Miss Nina Hollander 's suggestion to pound sand.
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Nina Hollander, Broker
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
1,057,804
I'm not a psychic, and if you can't spell out what you want, your request is rejected.
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Alan May
Evanston, IL
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Thomas J. Nelson, REAL...
La Jolla, CA
766,989
I don't see anything wrong with the request. Next step would be to respond to it.
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Thomas J. Nelson, REAL...
La Jolla, CA
963,083
3,590,666
Well first of all his lack of professional is crazy. We had a guy do this a few years back and he was trying to make himself the buyers hero by reducing the price. The guy was clueless. He mentioned to me the home needed to be painted throughout and flooring replaced. I said - did you even read the MLS remarks? If you had you'd have known the entire home had been re-done and was in great condition. It sold as is.
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Thomas J. Nelson, REAL...
La Jolla, CA
7,872,250
Follow the terms of the contract that relate to the inspection.
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Katina Hargrove 352-55...
Eustis, FL
2,190,282
Reject the request and say: "You figure it out."
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Thomas J. Nelson, REAL...
La Jolla, CA
155,337
854,022
I'd reinforce the standards for our market, explain the buyer's request, & remind the seller that they have every right to say "no". And then I'd ask the agent if they'd talk to their parent like that.
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Thomas J. Nelson, REAL...
La Jolla, CA
3,168,304
It's very common in my market to ask for a reduced price or contribution to closing in lieu of repairs. Happens all the time and if we have the inspection and can see the scope of repairs needed we can get our own estimate of costs and most sellers are fine handing over some funds instead of the hassle of managing the repairs.
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Thomas J. Nelson, REAL...
La Jolla, CA
5,063,430
Yep, that's a first. I had a buyer who wanted to submit a detailed RR requesting EVERYTHING in the inspection be repaired. Hard to respond, though, is you truly don't know what's being requested. Sounds like the seller should just reject the buyer's request, in writing.
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Thomas J. Nelson, REAL...
La Jolla, CA