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Old 03-10-2013, 04:49 AM   #1
Join Date: Jun 2012
Location: UK
Posts: 286

Help with Offer Etiquette!

I have two BLT contracts. The first was direct and the second resale. My reasale was priced lower than any other BLT at the time and was exactly what we wanted so although we made an offer it wasn't accepted and we were actually prepared to pay full price anyway so grabbed.

Yesterday we saw another contract to add on. I thought it was a bit pricey so offered less and seller pay closing. It was rejected but no counter made. I felt the offer was reasonable considering others on the market and it was way above what people are getting through ROFR.

What I want to know is how offers work in the US. I am British and for purchases like property and cars you always go in with a low offer and then you counter each other until you are both happy. Is this not how it is done in the States? I set my offer at a reasonable value but would have been happy to meet halfway. In the UK if someone doesn't make a counter you presume they are not actually a serious seller so tend to walk away.

Any advice would be appreciated before I go after another contract!
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