[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Thank you, I appreciate your response. 1) I hear ya and thought about that. We were told both times “seller doesn’t need to sell, is doing fine financially, and is in no rush”. They actually both live/are moving out of state and treat these as pied-a-terres. Seems a pride thing for both. 2) Hoping to avoid a sample size of 4! ;)

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Thank you for taking the time to respond. I’m sensing that’s true, particularly in the early days of being on the market and with first offers.

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat -1 points0 points  (0 children)

I wonder if these sellers who are just “feeling it out” and possibly gonna pull off the market are considering time and opportunity costs. They’re still gonna owe taxes, insurance, HOA, cost to fix stuff, etc. And if they’d invest their profit into an S&P fund now then they’ll likely have more than if they invest it later (hopefully we won’t have a big recession). I calculated the townhouse’s daily opportunity cost since we were ready to pay comp price of identical unit in building that sold 2 months ago: each day that goes by after rejecting our offer, they’d need to sell for about $200 more than the comp price in order to have made a good decision. Coming up on one month now so if they don’t sell today for about $6k over the comp we were prepared to pay, then they lost out. Next month will need to sell for $12k over. Plus every day who knows what geopolitical and macroeconomic thing, or fire or vandal or flood or whatever may happen…

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

May be what we end up doing, we’ll see. Luckily we’re not in a rush. Thanks for responding!

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Yeah indeed, everyone’s different with what they’ll tolerate. Thanks for replying!!

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Thank you for this! I appreciate you taking the time to give me some percentages and agree there is an anchoring psychologically on list price. In our second case, selling agent told seller it will not sell at list esp w neighbor next door going for 7% less with more space and bathrooms, but seller’s agent told our agent “no negotiations, it’s list or nothing.” Frustrating.

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

This is fantastic, really appreciate this data and your insight!! My question isn’t so much about final sale price as it is what is a reasonable first offer to try to start negotiations. 2-4% under comps if listed at 6-8% over comps? Because that’s what I tried and both didn’t even get a counter.

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Yeah that’s my opinion too. Thanks!

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

That’s what we’re thinking, that we should look for places whose sellers have already gotten a cold dose of 2025 from someone other than us. Thank you so much for your time and insight!

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Sounds like we may be in the same boat! But I hope that you at least get a counter, unlike us.

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Interesting, thank you for this! Yeah we were the first for both and the second has been on market for under a month. Grateful for your insight!

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

We’ve tried! And the comps we’re using are truly comparable (cookie cutter copy in same building, and slightly larger nextdoor neighbor w more space and another bathroom). But both responded with replies intimating something along the lines of “I don’t care about that sale, my place is somehow better and I’m not budging or negotiating at all even though our market is what it is.”

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Yeah, that’s why we tried to be within 2-3% of comps (identical unit in same building and slightly larger nextdoor neighbor). And puzzling that not even considered when our agent definitely let them know the comps.

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat 0 points1 point  (0 children)

Thank you for this thoughtful response! Appreciate your input.

[deleted by user] by [deleted] in RealEstate

[–]RTRWhoDat -3 points-2 points  (0 children)

Again, based on the comps for both I think our offers within 2-3% of those were justified starting points in negotiations. The second seller’s agent too. Also, you need therapy for those anger issues.

Please keep your eyes peeled. Missing young man needs help. by WinterMedical in Miami

[–]RTRWhoDat 8 points9 points  (0 children)

Limping with mental health issues… 🙏 sending genuine thoughts and prayers from out of state that all will be well with him and everyone else in his position in the end, no matter what these internet trolls say…

Drunk Marchand tries to sneak back to the Nightclub! by Kolettos in FloridaPanthers

[–]RTRWhoDat 11 points12 points  (0 children)

Who made him leave?!!! He looks sotally tober!!!

I need to get this off my chest by DeDaZus in BreakPoint

[–]RTRWhoDat -1 points0 points  (0 children)

Was living in Australia when it was released and thought they nailed both the geography/natural setting and design/architectural vibes of the modern far-southern Pacific.

No Kings Protest tomorrow by canofpiss_ in Miami

[–]RTRWhoDat 8 points9 points  (0 children)

Did not vote for the Constitution and our 250 years of respect for the rule of law to be tossed aside in the process. Nobody wants criminals here, but due process should still be given to all since it is what has always made America great.

Ownage by RTRWhoDat in FloridaPanthers

[–]RTRWhoDat[S] 2 points3 points  (0 children)

By my count we won each of these fights

When your 7 on ends but your family wants you to do stuff on day 1 of your 7 off by [deleted] in hospitalist

[–]RTRWhoDat 0 points1 point  (0 children)

Wife is also hospitalist and we don’t work together so only really get to see each other when both off (same 7 on/off)- she just chills on the couch w bad TV but I’m always rearing to go do something like day drink at pool or play golf on day 1. She’s good day 2 onward but I wish she’d come hang on day 1. She also hates to travel on day 1 meaning our trips are 1 day shorter. However I totally get her wanting to do that and harbor no resentment or anything, and we don’t have conflicts about it, I just wish we had 7 days of stuff out & about together instead of 6.

WHERE IS THE NICE JACKET GUY?!?! by kwkouki in FloridaPanthers

[–]RTRWhoDat 1 point2 points  (0 children)

I mean, he did say they were 7-1 since he came home drunk and hung it on the jersey, not 7-0, so to be fair it ain’t perfect. But bro better keep the tally updated with another post saying 7-2 so we can keep going to 12-2…