4,572,183
It depends on the market conditions. It's not a good strategy for buyers to think they will get a second chance because most times it just doesn't happen. Make the first offer memorable for the right reason.
-
Steve Higgins
Kelowna, BC
-
Mel Ahrens, MBA, Kelly...
Hood River, OR
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
-
Buzz Mackintosh
Frederick, MD
5,230,102
If it's a bidding war, it's typically a one-and-done.
Otherwise, it may take a couple or three back-and-forths but, it's those must-have-the-last-word clients/agents that drive you to drink!
-
Steve Higgins
Kelowna, BC
-
Richard Weeks
Dallas, TX
-
Mel Ahrens, MBA, Kelly...
Hood River, OR
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Peter Testa
Danbury, CT
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
5,104,931
Sometimes zero times and sometimes it goes back and forth four or five times. It really depends on the transaction and the buyers and sellers.
-
Steve Higgins
Kelowna, BC
-
Richard Weeks
Dallas, TX
-
Mel Ahrens, MBA, Kelly...
Hood River, OR
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
851,242
No limit but in my experience I've found that 2 - 3 keeps things healthy; beyond that the consumer starts to get annoyed.
-
Denise Hamlin, Broker/...
Iowa City, IA
-
Mel Ahrens, MBA, Kelly...
Hood River, OR
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
758,035
Depends, some properties we have must sell at the asking price (short sale is approved at asking price), just had one like this and there is no negotiation. Sometimes buyer wants to offer less and after submitting the original offer it may go back to them 2, 3 times.
-
Steve Higgins
Kelowna, BC
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
536,943
As many as it takes to get the job done.
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Raymond E. Camp
Ontario, NY
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
5,049,450
Depends on what has to happen to succeed for clients!
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
508,318
As many as it takes. But honestly, usually after the 1st counter if we are anywhere close I call the agent and see if we can come to terms. This way the 2nd counter is right on target and hopefully accepted.
-
Kevin J. May
Hobe Sound, FL
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
2,390,620
I'd guesstimate about 50% of the time Peter Mohylsky, SoWal Is HOME.
-
Steve Higgins
Kelowna, BC
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
6,393,494
Until we agree, or not.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Raymond E. Camp
Ontario, NY
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
7,836,139
No limit.
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Gloria Valvasori, Accr...
Mississauga, ON
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Raymond E. Camp
Ontario, NY
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
805,909
Until we can agree on a price. Or one side decides they are not willing to go any further.
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Raymond E. Camp
Ontario, NY
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
3,125,842
As many as it takes Peter Mohylsky, SoWal Is HOME.!
-
Steve Higgins
Kelowna, BC
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Bob "RealMan" Timm
Minot, ND
-
Dan & Laurie Pittsenba...
Bellingham, WA
1,844,301
The lower the inventory the less back & forth. I would say 3-4 is the norm. I had one last year that just wouldn't give up & then lost in a multiple offer & wondered why.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Candice A. Donofrio
Fort Mohave, AZ
1,153,794
The goal is always one & done, but lately it's been taking two or three passes of the baton.
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Nina Hollander, Broker
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
3,345,091
Rarely, Peter. I cannot even remember the last time I did a counter offer.
-
Steve Higgins
Kelowna, BC
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
1,513,143
Until there is a final answer of yea or nay.
-
Steve Higgins
Kelowna, BC
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Dan & Laurie Pittsenba...
Bellingham, WA
5,216,409
As little as possible or as much as needs to happen to get a deal done.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
628,814
It really depends on the personalities of all parties involved
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
-
Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
1,543,823
No "normal" it's all situational. I average 2 counters per deal if I had to guesstimate...6 was my record as a buyers' agent.
-
Steve Higgins
Kelowna, BC
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
-
Thomas J. Nelson, REAL...
La Jolla, CA
2,436,099
As with most real estate questions, it depends - usually a few times but sometimes more, and sometimes none.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Dan & Laurie Pittsenba...
Bellingham, WA
931,002
As many as is necessary.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Dan & Laurie Pittsenba...
Bellingham, WA
1,052,211
There's no normal. The best deals were well written in the first place, necessitating only clarification and minor adjustments.
Millennials love to grind, though, trying for just one more this and one more that. They're like little Columbos!
The last deal that I put together had 4 and it should have only had one because the tenant should have read the lease through every time he said he did. But he kept finding new stuff.
This is where I actually prefer lawyers! They may red line everything in the deal, but they'll only do it once.
-
Richard Weeks
Dallas, TX
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Bob "RealMan" Timm
Minot, ND
-
Dan & Laurie Pittsenba...
Bellingham, WA
469,510
I'd guess that about 20 t0 30% of the time the original offer is accepted. About 40% on one counter, 20% to 30% two back and forths and the balance as many as it takes. As Joseph Domino 480-390-6011 mentioned - a little communication helps shorten thing up a bit.
-
Steve Higgins
Kelowna, BC
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
921,504
Every-time!
That is if everyone is doing their job right.
Under priced homes, those selling on day one, usually avoid such challenges...but of course that is because someone is NOT doing their job.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
3,626,530
Once, on rare occasions twice
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Dan & Laurie Pittsenba...
Bellingham, WA
-
Bob "RealMan" Timm
Minot, ND
1,196,798
Depends but often
-
Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
1,425
I feel it’s completely up to the buyer and they insistence on purchasing the property. I’ve never gone back twice with a different offer. I live and sell in an area that is pretty competitive and deals in majority cash transactions. When it comes down to petty, stubborn terms in counter offers my buyers normally will choose another property.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
2,781,173
My approach to this is to have a pre-offer meeting & write an offer one time
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
716,049
There's no normal. It all depends.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
577,750
As many times as it takes.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
5,583,278
as few rounds as possible.... the longer it takes to agree upon price and terms, the less likely it is to go together.... people get frutstrated and then pissed.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
911,338
depends on buyer and seller. Many don't like bidding wars, and just walk away. Other times 3-4 times is common. Not just price, but terms.
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
5,772,575
Peter,
We agree with Michael Jacobs
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
4,882,355
4,936,705
With our shift in the market more often then last summer
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
961,383
I provide them information and possible scenarios/results of various strategies; they ultimately make the decision which I make happen. Some want to low ball the first offer. If so, I really encourage to make the first counter strong. The longer counters go back and forth, the more likely one party is going to walk away.
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,502,998
Always. There is always some term or disclosure that needs to be made. No such thing as a 100% clean offer.
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
1,239,901
I protect my client by bidding one more time. Generally I can strike a deal not having to go through this BS. I don't play their game. Here it can be 0.5 M over asked to become a sucker.
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
3,416,038
Usually 2-3. The seller counters the buyer and most buyers accept but some buyers come back and change something little making it 3.
-
Bob "RealMan" Timm
Minot, ND
1,598,452
5,868,554
1,311,397
It depends on the offers that come in. Got one today not even worth a counter.
1,725,996