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Identical Offers

Sorry this is long.

House was on the market for about a month 1/2. We went with our realtors listing price suggestion. We always thought it was priced too high and dropped it twice (despite our realtor saying it was priced right).

Now we have 2 sets of buyers. Buyer one offered $90k below and through negotiations came up to $50k below asking -waiving cosmetic inspection, we accepted that immediately, sent contract and they sat on it a week- we’ve already passed their mechanical inspection. and addressed one small fix.

Buyer 2 came in hot last night offering $5k over asking, waiving inspection AND appraisal contingency. Realtor went back to buyer one to break the news and they countered $10k above asking (vs $5k) so they’ve now come up $60k, and now also waiving appraisal contingency like buyer two.

Both have prequalified letters with mortgage guarantees (below their offers) This is new york state. We’re not sure which buyer to pick ($5k more doesn’t really move the needle.) One item to note, as part of the sale -we were throwing in water craft (2) and trailers with both.

During the first week with buyers number one, they were nit picky about boat/trailer registrations and such (several back and forth emails- despite our attorney saying we would include a $1 bill of sale).

So at this point the only thing that sets these two sets of buyers apart is that the first couple was a bit difficult and in their 40’s and sat on contract a week & the 2nd couple just put in their offer a few hrs ago and in their 50’s.

Hate making assumptions however based on LinkedIn research shows buyer 2 couple strong corporate jobs -can’t find anything on buyer couple one.

What other if any guarantee can we use as a negotiating terms/ assurances? We just want the fastest/smoothest/ guaranteed closing and are not hung up on $$.

submitted by /u/thatsmeegirl
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source https://www.reddit.com/r/RealEstate/comments/1muc75i/identical_offers/
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