Skip to main content

Disagreement with agent on repair negotiations

We are selling in a hot market in VA. We got several full price offers 2 days after our home hit the market. We picked the better offer and the buyer scheduled their inspection. The inspection came back with quite a few things which we expected for our price point and age of the house. The buyer started the repair negotiation with one large item they want and a credit for some smaller items.

Ok great. So we come up with a counteroffer we want to present. We want to counter with the full credit they are asking for but no to the big repair, hoping we can meet in the middle. Our agent disagrees and is refusing to present our counteroffer. She keeps repeating we need to offer them everything they are asking for. We’ve been arguing about it with her for days. I just want to present my counteroffer and see where it goes but the agent is refusing to present it, repeating that we need to honor all of their requests.

I’m honestly baffled and I don’t know what to do. This is a new agent who we are friends with and I’m now regretting doing such a large financial transaction involving a friend. I just want to negotiate with the buyer! I don’t understand how it would make sense to start a negotiation by saying yes to everything they are asking for?

submitted by /u/CatsMoonJ
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/dbkmj9/disagreement_with_agent_on_repair_negotiations/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

How to Avoid Property Scams in Delhi?

Here’s What You Should Know! Commercial Real Estate (Non-Residential) Buying a property in Delhi can be tricky, especially with all the stories about scams and shady deals. If you're in the market, here are some tips to keep yourself safe:Double-check the documents: Always verify ownership and approvals. Don’t just take someone’s word for it—look at the actual papers. Do your homework on prices: Compare similar properties to avoid overpaying. A little research can save you from a bad deal. Work with trustworthy people: Whether it's a seller or an agent, go for someone who's transparent about pricing and the process. If they’re dodging questions, that’s a red flag. Ask for reviews or references: If someone you’re dealing with has a good track record, they won’t hesitate to share testimonials or connect you with previous clients. I’ve noticed that some property services have started focusing on things like verified listings and clear communication, which makes the whole proc...