https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Mon, 25 May 2026 15:41:36 +0000 https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531936 Mon, 28 Jan 2013 15:06:19 +0000 Mrs. Pickle 531936@https://boards.hellobee.com/ <p>We offered asking price. Our home was priced $10k below market value and had been on the market for 3 days. I'm so glad we did because a couple hours after we submitted our offer another came in and it was lower than ours. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531931 Mon, 28 Jan 2013 15:05:25 +0000 Sammyfab 531931@https://boards.hellobee.com/ <p>101% :). Our reason for offering over asking was because there was already another offer on the table and it was the FIRST day the house was on the market. We had been seen 40+ houses at this point and knew we really liked it. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531923 Mon, 28 Jan 2013 15:03:41 +0000 kml636 531923@https://boards.hellobee.com/ <p>At first we offered 95%. Then we found out they had another offer, so we changed ours to 100%. Maybe we are suckers, but I love my house and I'm so glad we got it. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531894 Mon, 28 Jan 2013 14:56:23 +0000 littlek 531894@https://boards.hellobee.com/ <p>House we didn't get, we asked $40k over the asking price. We were outbid. House we purchased, we offered full asking price and got it. Housing market is competitive where I live. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531871 Mon, 28 Jan 2013 14:46:03 +0000 Modern Daisy 531871@https://boards.hellobee.com/ <p>We offered about 2% below asking, but the asking price had dropped twice already in 4 months because the owners were desperate to sell. There were also 2 other offers that came in the day the price dropped the second time, so we didn't want to lose it. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531869 Mon, 28 Jan 2013 14:45:53 +0000 Mrs. Chalk 531869@https://boards.hellobee.com/ <p>We offered the asking price for our house. It had only been on the market for about three days, and we knew that houses in this neighborhood sold quickly. We did, however, also ask for a 3% seller assist, which they agreed to. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531836 Mon, 28 Jan 2013 14:35:05 +0000 MrsTiz 531836@https://boards.hellobee.com/ <p>@Bao: ditto w/ the precentages :P</p> <p>Asking: 114,000<br /> On market: 3 months (+ foreclosure)<br /> Offer: 60,000 (foreclosure)<br /> Counter 112,00 (WHAT!)<br /> Our counter: 100,000/closing<br /> Counter: 105,000/no closing</p> <p>Sold. Our Realtor actually paid for the repairs because this process took ~4 months and we didn't even think we would get it until about 15 minutes before we signed the papers. We were sitting in his office waiting for them to call with the approved acceptance! Crazzzyy emotional roller coaster. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531828 Mon, 28 Jan 2013 14:31:30 +0000 PurplePumps 531828@https://boards.hellobee.com/ <p>We offered 3.4% below asking just based on comps, and to be a little lower that where we were willing to settle at. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531823 Mon, 28 Jan 2013 14:29:54 +0000 Mrs. Jacks 531823@https://boards.hellobee.com/ <p>We offered 85%... Long story, it worked out. We're all good. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531822 Mon, 28 Jan 2013 14:29:47 +0000 Amelieisme 531822@https://boards.hellobee.com/ <p>It depends on the situation. I would say you can go fairly low with a house that has been on the market that long. I read you can't expect them to drop more than 7-8% off the asking price though. Our initial offer was 8.9% off asking price and they accepted our counter at 7.1% below asking price for our house. It was on the market for a bit and they had already relocated so the house was sitting empty so they were motivated to sell. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531812 Mon, 28 Jan 2013 14:27:50 +0000 Smurfette 531812@https://boards.hellobee.com/ <p>We based our offer on what the comps in the neighborhood and area were. Houses for sale, under contract (used the listing price), and ones that were sold in the last couple months. Then our realtor gave his opinion and we just decided on a number that we were comfortable with. The selling realtor told our relator that they had received low ball offers and flat out said no, didn't even counter. So we knew that we didn't want to low ball too much. We decided to offer 6% ($24K) below listing price, settled on 4% ($16K). The house then appraised for 1% ($4K) less then asking, so we got a great deal. </p> <p>If the house has been on the market for that long without an adjustment, I would assume the sellers aren't willing or able to go down too much. That or they aren't super motivated to sell. I will say that it doesn't hurt to low ball though, they can say no. Then you can always resubmit another offer. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531809 Mon, 28 Jan 2013 14:26:26 +0000 yoursilverlining 531809@https://boards.hellobee.com/ <p>We offered full asking price; but based on comparable properties in the area it was very reasonably priced and would sell fast. </p> <p>If the sellers have not adjusted their price in 9 months….they might be firm and not willing to accept a lower offer than what the home is listed for. Maybe that’s what they owe on the mortgage, or maybe that’s what they believe the house is worth and won’t negotiate. People who want to move property are generally willing to lower the price more than 1 time if it isn’t moving at the original sale price. You can always offer less, but if they haven’t adjusted their listing price in that long; I wouldn’t expect them to accept a low offer. You never know though. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531799 Mon, 28 Jan 2013 14:23:08 +0000 Running Elley 531799@https://boards.hellobee.com/ <p>We offered a little over asking price. In our price range in the area the market has been very very competitive with housing being on the market less than a few days. </p> <p>Luckily it sounds like that's not the case with the property that you're looking at. I'm not sure how I'd decide what to offer in that situation. Good luck! </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531793 Mon, 28 Jan 2013 14:22:26 +0000 Bao 531793@https://boards.hellobee.com/ <p>I'm not good with percentages but I'll just lay it out like this:<br /> List price: $92,000<br /> On the market: 2 months<br /> Our offer: $88,500/closing costs/$300 in repairs<br /> Their counter: $91,000/closing costs/$300 in repairs</p> <p>I thought our offer was pretty fair considering the work that needed to be done, but they were not motivated sellers so they wanted what they wanted and that was that. We ended up agreeing, and we are planning on closing at the end of February. Our realtor helped us come up with the offer, so I would consult them for help since they would know what is fair and reasonable to ask for. </p> https://boards.hellobee.com/topic/what-percentage-of-asking-did-you-offer-on-your-home#post-531783 Mon, 28 Jan 2013 14:17:07 +0000 mrs. bird 531783@https://boards.hellobee.com/ <p>for those who have bought (or are in the process!), how did you decide what to offer? is there a rule of thumb as far as where to start? did you take the amount of time it's been on the market into account when deciding what to offer? </p> <p>if it makes a difference, the place i'm looking at has been on the market since last march and they haven't adjusted the price since the end of last april. not a short sale or foreclosure. </p>