4,584,596
This buyer's agent is not making a good case for her client. Suggest to seller a rejection case and convey that response in writing. Good luck.
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Peter Testa
Danbury, CT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Kevin J. May
Hobe Sound, FL
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Lyn Sims
Schaumburg, IL
-
Richard Weeks
Dallas, TX
-
Pete Xavier
Pacific Palisades, CA
564,494
Ultimately this is the seller's decision on how they want to proceed with a demanding buyer. It is unfortunate that seemingly $20 in repairs have become this adversarial... I wish you and your seller the best of luck.
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Kasey & John Boles
Boise, ID
-
Kathleen Daniels, Prob...
San Jose, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
-
Lyn Sims
Schaumburg, IL
-
Michael Jacobs
Pasadena, CA
1,027,602
As galling as it might be, is $2,000 worth starting over with a new buyer for your sellers, given the timing of everything?
If it is, then play hardball and tell them to take a hike. No report, no credit.
If it is worth $2,000 just to stop the madness and get to closing, then there it is.
It really depends on looking at the goal line and deciding which route gets you there - and not focusing on the sleazy tactics of the buyers and their agent.
-
Mott Marvin Kornicki
Sunny Isles, FL
-
David Popoff
Darien, CT
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
4,907,547
Accept it
Do nothing
Make a counter offer
Reject it
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Kasey & John Boles
Boise, ID
-
Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Susan Haughton
Alexandria, VA
-
Pete Xavier
Pacific Palisades, CA
-
Lyn Sims
Schaumburg, IL
32,619
230,000 - it's a good market, my area recently slowed a little. My clients offered to do the repairs but they dont want that, they just want a price drop. Yes it's a standard contract, we have it contingent on us buying another property that we have under contract and have both transactions timed together at the moment along with the one we are buying new purchase.
The repairs are about 20 dollars, we had a contractor come in that was laughing at the email I had claiming 2000 was low for all this work. I asked for a report to make sure we were talking about the same things, but she refuses to give us one to show us what she is talking about.
-
Kathleen Daniels, Prob...
San Jose, CA
-
David Popoff
Darien, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Brenda Mayette
Glenville, NY
-
Lyn Sims
Schaumburg, IL
-
Pete Xavier
Pacific Palisades, CA
-
Michael Jacobs
Pasadena, CA
1,057,674
Repairs? What repairs?
If the buyer won't show you his, then hold his feet to the fire and hold your ground.
If he walks, some deals are meant to die. Everybody needs to be reasonable.
Does your contract provide for the seller to receive a copy of the inspection report?
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David Popoff
Darien, CT
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Eve Alexander
Tampa, FL
-
Candice A. Donofrio
Fort Mohave, AZ
613,494
Fake buyers agent.
A real one would submit proof of needed repairs.
Eve
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Pete Xavier
Pacific Palisades, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
853,912
No supporting documentation, no credit. It's that simple. I had a similar situation and we opened showings back up for back up offers and the buyer quickly got reasonable...
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Pete Xavier
Pacific Palisades, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Eve Alexander
Tampa, FL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
1,847,911
Sounds like a scammer. I love the we want to buy your house buyers but we want 2K in fictitous repairs. Call their bluff ... send them packing. In my experience, once they start chisling away at the sellers wallet they never stop.
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Eve Alexander
Tampa, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
2,195,834
Our Agreement requires that Seller is able to receive a copy , if there are repair requests
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Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
-
Lyn Sims
Schaumburg, IL
2,684,769
What's the price of the house, Mandy? How strong is your market? What does your contract say about inspection contingency, as-is, due diligence? If this Buyer walks over $2000, will another offer come along?
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Pete Xavier
Pacific Palisades, CA
-
Michael Jacobs
Pasadena, CA
2,190,282
Not sure who is pulling the strings here, the agent or buyer. Sounds like a game player agent / buyer to me. If they are playing this game up front regarding repairs what are they going to do after the final walk-through? I would be very suspicious of this agent / situation.
-
Pete Xavier
Pacific Palisades, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
2,222,281
Then you need to show me and the seller what needs repair.
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Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,574,666
It all depends on the seller motivation, the market/competition and circumstances. $2K is not really much to lose a sale if they are otherwise qualified.
-
Pete Xavier
Pacific Palisades, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
-
Lyn Sims
Schaumburg, IL
5,258,996
Provide the contractor's written estimate/invoice.
A reputable contractor's assessment of the property trumps an inspector's assessment every day of the week!
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Peter Testa
Danbury, CT
-
Candice A. Donofrio
Fort Mohave, AZ
-
Richard Weeks
Dallas, TX
5,117,178
I just can't imagine an agent requesting a price drop in lieu of repairs who doesn't come with justification for same. Unless sellers won't risk losing the contract, I'd tell the buyer side to pound sand (politely, of course) or offer to do repairs upon receipt receipt of report. I don't understand how your seller had a professional contractor look at repairs when you don't have a copy of the inspection report. Seems odd that a house has only a $20 repair.
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Peter Testa
Danbury, CT
-
Richard Weeks
Dallas, TX
-
Candice A. Donofrio
Fort Mohave, AZ
431,162
Just tell them the option your seller will perform the repairs. See what their response is (which it sounds as if you are beyond this), and then respond back with the seller will or will not perform the repairs "Best, Last & Final offer". See if they accept it, if not then get a release and sell it to someone else. Not sure how your contract reads, but ours has a "Best, Last & Final" clause in the contract. Best of luck.
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
3,416,038
I would demand the report and 2 verified estimates. I would provide my own estimates and try to include the buyer in the conversation so they know what the agent is doing. Many buyer agents try this ploy because many Sellers will give in.
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
5,246,568
Think it is time to review the contract. Probably need an inspection reoprt of the problems to fix them within the parameters of the contract. In the meantime do the $20 of repairs so the issues won't arise again when this agent blows the deal.
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Candice A. Donofrio
Fort Mohave, AZ
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Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
921,504
In the end, two agents will decide if they will let a deal go down the toilet over $2,000. There are MANY options.
Before I give instruction it is important to know about the competing homes. If there is no 'other' home to buy, time to announce the next Open House.
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Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
-
Candice A. Donofrio
Fort Mohave, AZ
1,712,876
In Oklahoma the inspection is a contingency and you have limited days to provide it to the seller. The contract would be mull and void without it.
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Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
914,208
$2000.00 probably isn't worth losing a sale over in most cases.
-
Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
-
Pete Xavier
Pacific Palisades, CA
3,627,272
Of course it is up to the sellers, if it was my home, I'd tell the buyers agent to produce the inspection or take a hike
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Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
5,583,328
respond with "NO" to any credit and any repair.... take it as is... a $20 repair is not a structural or mechanical defect....
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Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
3,071,589
Our standard contract requires the Buyer provide a copy of all inspection reports to the Seller
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
2,785,606
need to negotiate this out to the my way or the highway or this is it stage
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Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
1,555,100
No report, no drop nor credit. You have to prove your case. Next!
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Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
4,434,177
Depends on your market, and the contract.
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Debe Maxwell, CRS
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
1,153,794
Don't let her waste your time. Reject, reject, reject!
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Debe Maxwell, CRS
Charlotte, NC
577,750
The Inspection Report paid for by the Buyer is theirs.. they don't have to share it if they don't want to, but in this case, it would be in their best interest if they want to proceed with the purchase. I would send them the specific information regarding the repairs. If they do not provide that, I would advise my Seller not to drop the price, counter back again with the same price and no extension if the buyer agent is not willing to supply the information in the inspection report.
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Debe Maxwell, CRS
Charlotte, NC
1,045,440
In Northern Virginia our Home Inspection Contingency requires a COMPLETE report be delivered for any HI where the buyer is requesting ANYTHING regarding the HI contingency. I assume you are dealing with some sort of HI contingency your contingency in your area likely says something similar regarding the buyer being required to submit a full copy of the report when requesting any repair or in this case price change.
Check with your broker but your clients as well as the buyers need to follow what is written in the contract. Hope this clears things up for you feel free to let me know if I can help you in any way Amanda Brown
4,968,122
5,879,826
3,986,308
509,449
I would show them the other report that your seller received and show them the cost of the repair. From what you described, looks like they just want a price reduction.
4,319,873
Amanda Brown - do you have a back up offer?
Michael Jacobs has a perfect answer!
400,356
Homes are sold in as-is, where-is condition. Repairs can help facilitate the transaction. It appears that the buyer side will not furnish a report, which is weird, but fine. The seller must decide if they want to lower the price, reject the request or propose something else.
That said, it sounds like the buyers simply wish they got the property for 2k less.
End this one way or another. You cannot allow it to drag on. If the sellers wish to respond that they will not drop the price, the buyers may walk. If they do, move on to the next.
760,035
Sounds like they want to chizzle you guys down. I'd play along, ask for a copy of that page from their Inspection Report & only offer to repair, not compensate on any inspection items.
3,988,013
We don't request copies of home inspection repairs because of the liablity so a buyer states what their objeciton is and we do the math.
3,590,666
991,852
902,538
If the repairs are legitimate, the inspector's report should be shared and requests should be made based on that.
1,507,073
Here's how I would handle it in California:
"The seller will not even consider your request without the inspection report. Here is the notice to perform to remove your due dilligence contingencies. Either sign it or we move on to our backup offers."
3,350,764
What does the contract say? If it requires a copy of the report then reference the paragraph in the contract. Is the seller willing to lose the buyer if they don't reduce the price?
809,258
Tough situation to be in given they are buying a house contingent upon selling this house that is supposed to simultaneously close. Does your contract stipulate that they must provide copies of inspection report pages that justify their request? Our contracts specifically say that. But, regardless you have to give them the choices and consequences and let them decide. Call their bluff, play hardball and see if the buyers stick around? But what if they don't. Will your sellers regret losing the buyers and potentially also their new home as a result? Or take it, regardless of the situation and close on both as scheduled, but with $2k less in their pockets. Risk vs benefits and seller's choice here. -Kasey
6,426,255
Until they serve "Notice" it really does not matter. I would suggest to just ignore the request and move on toward closing since their inspection period will expire and they will have no recourse after that time.
716,809
I don't know about your state rules and contract terms. But in AZ, all repair claims must be supporeted by acceptable documentary evidence - hence an inspection report by a licensed home inspector. Otherwise, the claim is...... ZERO.
So check the contract for what it says.
7,871,872
4,800,132
I would go by the wishes of the sellers and would advise them that maybe we should just move on with this one.
5,773,392