Hi All,
After a massive absence, I'm back and asking for advice!
Could anyone give me feedback on this offer? I know the usual process is to slightly lowball and come up, but after inspecting 12 properties including one other rejected offer, we are kind of keen to just get an offer accepted, so we're going in at what we think it's worth, rather than below.
There's not a lot in this suburb, with most selling around 3-4 weeks after listing. This house will be a PPOR, but we don't need it till Nov, with some flexibility until Dec. Of course, we would like to exchange before September 30 for obvious reasons.
Any comments would be appreciated. I am faxing this on Monday morning.
Thanks,
Sunder.
After a massive absence, I'm back and asking for advice!
Could anyone give me feedback on this offer? I know the usual process is to slightly lowball and come up, but after inspecting 12 properties including one other rejected offer, we are kind of keen to just get an offer accepted, so we're going in at what we think it's worth, rather than below.
There's not a lot in this suburb, with most selling around 3-4 weeks after listing. This house will be a PPOR, but we don't need it till Nov, with some flexibility until Dec. Of course, we would like to exchange before September 30 for obvious reasons.
Any comments would be appreciated. I am faxing this on Monday morning.
Thanks,
Sunder.
Dear Mr <Real Estate Agent>,
Thank you for showing us around all of the properties on Saturday. We especially liked Unit , number , Street, Suburb. We are keen to make an offer on this unit, however, in comparing recent sales in the same complex of units, we note that your client’s asking price is a little higher than comparable properties, with recent ones in the complex selling for between $335,000 and $378,000.
We are prepared at this time to make your client an offer of $378,000. While we understand that this might be slightly below their expectation, if I can ask you to communicate to your clients that we have pre-approval, and would only subject the offer to the standard building inspections and finance finalisation, we would appreciate it.
We understand that your client is currently occupying the premises and as we are not in a hurry, we are prepared to be very negotiable on exchange and settlement dates, whether they desire a quick sale and settlement, or wish to remain in their property for some time. However, we regret that our negotiability on price is somewhat limited.
We would love to suspend our search for property, as this property meets almost all our needs. However, to ensure that we can confidently put offers on other properties if this offer is not accepted, we would like to put a time limit on this offer at close of business, Friday the 31st of July, 2009.
I would like emphasise that this is a genuine offer, and we are not “low-balling” your client hoping they will meet us in the middle. We are prepared to courier you a deposit the same day that this offer is accepted (subject to bank opening hours).
We look forward to hearing the feedback from your client.
Yours sincerely,
<us>