Offer on a house, would you be offened...

[luvmylittleboy2003]

Lets say a house is listed for 144,000 is it rude to offer 134,000? I think 134 seems rude, but, hubby doesn't...I would offer 139...need advice on this please. Also...would you use the Realtor that is listing the house or get your own?

 

[kacaju]

I have not bought a house in 16 years, at that time we were always told to offer $20,000 under what they were asking.
I'd have no problem offering $10,000 under

 

[DLB]

If it is a fair offer than it is not rude at all. Look at what other houses have sold for in your area.
You could certainly use the same realtor if you are comfortable with him/her.

 

[tinkercat]

I think having a buyer's agent is always a smart move. The agent listing the house is going to look out for the best interest of their seller. With a buyer's agent, you know you have someone who will have YOUR best interest in mind when negotiating.

I remember reading somewhere about it being acceptable to offer 10% less than the asking price and that is what we started with when we purchased our house. So, with that in mind, I think your offer of $134,000 is a great starting offer. Best of luck!

 

[HM]

Our last house, we got a really low offer. We didn't think it was rude, we just weren't interested in selling for that.

 

[casjen]

That is not rude at all. That leaves room to negotiate. We offered 25,000 less on our house and got it for 20,000 less than asking 3 years ago. It is a buyer's market right now. Unless the house is getting multiple offers your offer seems fine.

 

[Gigi22]

Offended? Depends on what the comparables in my neighbourhood are. If similar houses in my neighbourhood recently sold at $144 K, and my house has no defects and is in good shape--I would only think you were trying to get a deal. I would come back, either with the original asking price, or slightly lower. If your offer is $10K lower than asking price, the house is in good shape, and you have added a lot of other conditions, and put in a lot of demands, I might be offended.

 

[WDWisTheBest]

Lets say a house is listed for 144,000 is it rude to offer 134,000? I think 134 seems rude, but, hubby doesn't...I would offer 139...need advice on this please. Also...would you use the Realtor that is listing the house or get your own?

I would use a Buyer's agent. Make the offer you feel comfortable with; if it is $134K, make it.

 

[ljcraw555]

Yes, definitely get your own agent! They will also be able to run the comparables in the neighborhood to see where you should be offering.
And I think $134,000 is a good starting place, as long as the comparables are in line with that number. Good luck!!

 

[Soon2B4]

Our first home was listed for $119,900. We offered $100,000. We ended up getting it for $105,000.

When we sold it, we listed it for $134,900. They offered $120,000. We sold it for $125,000.

Next home we offered on they listed it for $299,000. We offered around $270,000. They got offended and wouldn't counter. A year later they sold the home for $255,000.

Our current home we offered $14,000 less and ended up meeting in the middle at $300,000.

 

[disneychic2]

When we sold our home last year, we got a really low ball offer. We were not offended. The offer came in just days after it went on the market, so we figured we could stand pretty firm. We countered with just $3,000 under asking and let the agent know that was pretty much bottom line and the people took that offer. Sold our home in just 8 days by not being offended at the very low offer. So, yours looks pretty good. And I agree...get a buyer's agent! Good luck!!

 

[MichelleinMaine]

Not rude, the worst thing that can happen is they'll say no.

I would get my own agent. Theirs has an obligation only to them, better to have someone who is on your side.

 

[U.P. North]

When my wife and I purchased our current home, it had just listed and our realtor came to us with it and we went to look at it. We liked it so the realtor suggested to offer right at what the asking price was. I disagreed and decided I wanted to see how aggressive the sellers were wanting to move the house, so we made our offer $10k below asking price. The seller counters at $2k more then we offered and we bought the house $8k less then the original offer. Glad we didn't listen to the realtor!! So no, I would not hesitate. You may find a seller that really wants to move the house.

Hope that helps!

 

[herdtoDisney]

Lets say a house is listed for 144,000 is it rude to offer 134,000? I think 134 seems rude, but, hubby doesn't...I would offer 139...need advice on this please. Also...would you use the Realtor that is listing the house or get your own?

I don't think it's rude. They can always counter back, or decline to counter.

I'd get my own agent.

 

[luvmylittleboy2003]

The house is empty and been on the market for 58 days..

 

[bellarella]

I don't understand the idea that an offer can be rude.

You put an offer in for what the house is worth to you. The seller can take it or leave it. I've both bought and sold houses. It's a business deal.

As a seller, if I get a low offer, I get to choose whether or not I think it is a deal I want to make. That is better than not being given the opportunity to consider it.

As a buyer, I always offer what I feel the home is worth. This may or may not line up with what the seller or the market thinks. That's fine with me. I'm not going to overpay for my home.

 

[momto2inKC]

I don't think it's rude at all.

 

[girlieeee]

Lets say a house is listed for 144,000 is it rude to offer 134,000? I think 134 seems rude, but, hubby doesn't...I would offer 139...need advice on this please. Also...would you use the Realtor that is listing the house or get your own?

I've heard recently that houses are going for about 10% less than asking price.

 

[Robinrs]

Not rude, the worst thing that can happen is they'll say no.

I would get my own agent. Theirs has an obligation only to them, better to have someone who is on your side.

I agree. Always have your own realtor. The seller's realtor has only the seller's rights in mind (fidiciary duties). Have your realtor do all the negotiating, it will affect their compensation if you start without them.

 

[mamaLori05]

when we sold our house we got a low ball offer. We were not offended at all, just didn't agree with their pricing so we countered. They didn't like our counter and walked away. We were fine with that. A month later we ended up with 3 offers on the table, and the low ballers also showed interest in the house again and wanted to put in another offer, so in the end we had 4 offers. We told all people involved that we had multiple offers. The low ballers came back with another low ball offer, and they were actually offended when we declined their offer and picked the one that offered our asking price. They actually came back and wanted to know why we didn't accept their offer since we had been working with them first and they played the "but we are a young couple trying to find our first house" card. Funny thing was, we were actually younger than they were by quite a bit. It was very odd.

Anyway, sorry I'm rambling. Just wanted to say that no, I don't think people will get offended, expecially since the housing market isn't that great yet. It is improving, at least in our area, but still not great. If they don't like it they can always counter or decline. I would recommend asking if there are other offers on the table though, just so you know when you put you offer in.