$150,000 Over List Wasn’t Enough?

Hard to explain how we can lose when offering $150,000 over list, and looking for an answer didn’t help:

3 Comments

Rob_Dawg on September 25, 2020 at 8:41 am

You think they shopped your bid?

The other possibility was that the house isn’t for sale but one of the couple needed a market number to buy out the other’s half.
Jim the Realtor on September 25, 2020 at 9:04 am

You think they shopped your bid?

Well, I wouldn’t blame them for shopping it around – I just find it hard to believe that somebody beat it.
Intelligent yet idiot on September 26, 2020 at 2:23 pm

Hey Jim,
I wonder what’s your take on the San Diego-Chula Vista-Carlsbad, Stats:
4,661 Loans are delinquent, or 18.2% of all loans as of last month and it’s getting worse.
12.8% of those are seriously delinquent (90 days or more) which is 6% of all FHA loans. We seem to be 53 out of 169 MSA , not very encouraging.