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Old 08-25-2007, 01:33 PM
SomethingClever SomethingClever is offline
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Join Date: Apr 2004
Location: Viva Robusto! (new 11/26)
Posts: 10,278
Default Evaluate my real estate negotiation in real time!

So we got an offer on our house today. We're asking $349,000, the offer came in at $333,500, BUT they need us to pay $8,500 in closing costs, which effectively makes the offer $325,000.

I would like to get at least $335,000 net, which means countering with at least $343,000.

Other considerations:

- They are asking for our stove, fridge, washer and dryer, and expressed an interest in our patio furniture.

- Our porch needs between $1,000 and $2,000 in repairs.

I decided to counter with $345,000 + closing costs of $8500 + all the appliances they're asking for and the patio furniture. An effective offer of $336,500.

Seem like a reasonable counter?
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