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Rainmaker
3,246,911
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

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. 

Apr 21, 2019 09:39 PM
Ambassador
3,193,379
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

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!

Apr 21, 2019 08:02 PM
Rainmaker
2,981,701
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

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.

Apr 22, 2019 04:22 AM
Rainmaker
612,353
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

No limit but in my experience I've found that 2 - 3 keeps things healthy; beyond that the  consumer starts to get annoyed. 

Apr 22, 2019 04:03 AM
Rainmaker
524,364
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

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.

Apr 21, 2019 09:33 PM
Rainer
410,768
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

As many as it takes to get the job done.

Apr 21, 2019 06:17 PM
Ambassador
3,918,467
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Depends on what has to happen to succeed for clients!

Apr 21, 2019 08:41 PM
Rainmaker
200,719
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

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.

Apr 21, 2019 07:48 PM
Rainmaker
1,566,795
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I'd guesstimate about 50% of the time Peter Mohylsky, SoWal Is HOME. 

Apr 21, 2019 07:00 PM
Ambassador
4,065,262
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Until we agree, or not.

Apr 21, 2019 06:49 PM
Rainmaker
5,270,927
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No limit.

Apr 21, 2019 06:00 PM
Rainmaker
546,118
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

Until we can agree on a price. Or one side decides they are not willing to go any further.

Apr 21, 2019 05:55 PM
Ambassador
2,181,092
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

As many as it takes Peter Mohylsky, SoWal Is HOME.!

Apr 22, 2019 06:01 AM
Rainmaker
1,508,307
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

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. 

Apr 22, 2019 05:43 AM
Rainmaker
984,438
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

The goal is always one & done, but lately it's been taking two or three passes of the baton.

Apr 21, 2019 07:00 PM
Rainmaker
2,765,719
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Rarely, Peter.  I cannot even remember the last time I did a counter offer. 

Apr 22, 2019 07:22 AM
Rainmaker
1,239,798
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Until there is a final answer of yea or nay.

Apr 22, 2019 05:48 AM
Rainmaker
3,173,497
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

As little as possible or as much as needs to happen to get a deal done.

Apr 22, 2019 04:20 AM
Rainmaker
278,278
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

It really depends on the personalities of all parties involved

Apr 22, 2019 03:06 AM
Rainmaker
912,387
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

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.

Apr 22, 2019 07:01 AM
Rainmaker
1,406,142
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

As with most real estate questions, it depends - usually a few times but sometimes more, and sometimes none.

Apr 22, 2019 05:55 AM
Rainmaker
658,074
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

As many as is necessary.

Apr 22, 2019 05:49 AM
Rainmaker
682,219
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

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.

Apr 22, 2019 05:46 AM
Rainmaker
394,380
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

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.

Apr 22, 2019 06:16 AM
Rainmaker
745,017
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

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.

Apr 22, 2019 05:12 AM
Rainmaker
2,832,005
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Once, on rare occasions twice

Apr 22, 2019 02:54 AM
Rainmaker
735,182
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Depends but often

Apr 22, 2019 09:42 AM
Rainer
1,425
Lisa King
Keller Williams Island Life Real Estate - Venice, FL

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.

Apr 22, 2019 08:49 AM
Rainmaker
2,426,419
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

My approach to this is to have a pre-offer meeting & write an offer one time

Apr 22, 2019 06:43 AM
Rainmaker
693,852
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

There's no normal. It all depends.

Apr 22, 2019 06:41 AM
Rainmaker
576,873
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

As many times as it takes.

Apr 22, 2019 06:26 AM
Rainmaker
4,876,217
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

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.

Apr 22, 2019 06:17 AM
Rainmaker
730,830
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

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.

Apr 22, 2019 09:30 AM
Rainmaker
4,321,611
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Peter,

We agree with Michael Jacobs 

Apr 22, 2019 08:44 AM
Rainmaker
2,903,569
Richard Weeks
Dallas, TX
REALTOR®, Broker

Depends

Apr 23, 2019 02:54 AM
Rainmaker
3,074,846
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

With our shift in the market more often then last summer

Apr 22, 2019 12:40 PM
Rainmaker
791,481
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

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. 

Apr 22, 2019 12:19 PM
Rainmaker
1,212,814
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Always.  There is always some term or disclosure that needs to be made.  No such thing as a 100% clean offer.

Apr 22, 2019 09:50 AM
Rainmaker
985,479
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

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.

Apr 22, 2019 09:45 AM
Rainmaker
2,944,674
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Usually 2-3. The seller counters the buyer and most buyers accept but some buyers come back and change something little making it 3. 

Apr 23, 2019 05:25 AM
Rainmaker
1,036,872
Valeria Mola
SIB REALTY - Sunny Isles Beach, FL
305-607-0709 SIB Realty

A few times...

Jun 07, 2019 05:11 AM
Rainmaker
4,025,277
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We countered the counter this week, and my buyer got a deal.

May 05, 2019 10:11 AM
Rainmaker
653,628
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

It depends on the offers that come in. Got one today not even worth a counter. 

Apr 25, 2019 07:20 PM
Rainmaker
1,523,517
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

All part of the negotiation specific to each transaction

Apr 24, 2019 05:13 AM