I'm making an offer on a studio condo for a personal investment.
The list price is $175K on a 405 sqft condo, which is approximately $432/sqft.
Another bigger and more updated 1 bedroom just sold for $378 a square foot just sold 2 days ago..
I initially offered $150, the seller countered at $170, and then I countered at $160 "final offer" and have not yet heard back.
I am working with the realtor, who is also the sellers agent.
I am paying all cash and really don't want to offer more for the unit as I think my offer is very fair, but the seller doesn't seem motivated at that price. Is there anything I can do to entice?
Even the agent was saying you can get it done between 160 and 165. I think they are trying to bait me into paying more..
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source https://www.reddit.com/r/RealEstate/comments/161rp6f/offer_on_a_studio_condo/
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