Lowball

Our real estate agent said don’t shoot the messenger but he got an offer for our house in Barrhaven.  It was a real lowball offer.  We weren’t happy but I guess they thought we were desperate to sell because the house was empty and thought they could get a great deal.

We felt we had priced the house to sell at the price we listed at.  So we were not happy with the offer of $25,000 less than our asking price.  They said that the upgrades would cost them $40,000.  We didn’t believe the upgrades would cost that much but we countered by coming down a couple of thousand and removing all the conditions that they had put on the offer.

They countered by accepting the conditions coming off and came up $10,000.  We countered again by coming down a couple thousand again.  They seemed to really want the place.  So they countered one more time saying that we should just split the difference between our two positions.  They also brought the closing date up a month.  So we wouldn’t have to pay the expenses to carry the house for another month.

So we came to an agreement and sold our house in Barrhaven.  Barb posted a picture of the house on facebook and said there is no coming back now.  Barb’s friends congratulated us but we didn’t feel we should be congratulated.  We could have done much better taking the first offer we got before we even put the house up for sale.