We listed our place at $475,000 and after some back-and-forth, agreed to $450,000 with $10,000 in seller credits towards closing. I already felt that it was too low, but my partner wanted to move forward.
Inspection came back and of course there were issues, roof around $7,500, plumbing quoted at $2,200. We were prepared to work with that. But now the buyers are piling on with demands for every little thing: cosmetic drywall cracks, outlets, even wanting us to replace appliances they just don't like. On top of that, they're asking us to drop another $30,000. If we agree, we'd be walking away nearly $65,000 under list after credits.
It's frustrating because I've been through sales before and never had buyers push this far. At the same time, I've been thinking about buying rentals after this sale and trying to learn what would actually make managing tenants and leases less of a headache. Is a tool like TurboTenant worth looking into for someone starting out, or is it more hype than help?
At what point do you simply stop negotiating and tell the buyers "take it or leave it"? Thanks for the advice
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source https://www.reddit.com/r/RealEstate/comments/1ntb6jd/buyer_is_nickel_and_diming_us_after_already/
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