The buyer has contacted me about buying the house FSBO. What should I do?
Q ...
I had a listing contract for my house expired on Sept 10th. The agent brought me an offer on Sept 9th. We still don't have a ratified contract with the buyer. The listing agent has not asked for an extension of the listing contract. The buyer has contacted me about buying the house FSBO. What should I do?
from Zoocasa's Ask the Pros"
A .....
Robert Ede
Tell your Listing Broker about the Buyer's Back-door approach.
Have Listing Broker inform Buyer's Broker.
If Buyer contacts you again, tell him/her what you've done and tell him/her to continue bargaining in good faith thru same Buyer's rep.
In the meantime, truly examine your options (discounting completely the sell-it-direct-to-buyer-at a lower price idea).
If you've been for sale 65+ days and your "optimal completion date" is within 45 days (assuming buyer is meeting that date) ... offer a lower counter-proposal to buyer's last proposal in writing thru the brokers.
Sounds like buyer has the upper hand. Make an offer that appeals to him/her, so he/she can solve YOUR problem.
I had a listing contract for my house expired on Sept 10th. The agent brought me an offer on Sept 9th. We still don't have a ratified contract with the buyer. The listing agent has not asked for an extension of the listing contract. The buyer has contacted me about buying the house FSBO. What should I do?
from Zoocasa's Ask the Pros"
A .....
Robert Ede
Tell your Listing Broker about the Buyer's Back-door approach.
Have Listing Broker inform Buyer's Broker.
If Buyer contacts you again, tell him/her what you've done and tell him/her to continue bargaining in good faith thru same Buyer's rep.
In the meantime, truly examine your options (discounting completely the sell-it-direct-to-buyer-at a lower price idea).
If you've been for sale 65+ days and your "optimal completion date" is within 45 days (assuming buyer is meeting that date) ... offer a lower counter-proposal to buyer's last proposal in writing thru the brokers.
Sounds like buyer has the upper hand. Make an offer that appeals to him/her, so he/she can solve YOUR problem.
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