I was looking up properties in the MLS today, and I came across a very interesting one. It has been on the market just a month, but has had several price adjustments.
The current asking price is $365k and it says in the description, "We will not accept an offer under $350k check the comps and compare the difference."
Why have an asking price if you're going to negate it? The seller is asking $365k, but they're really saying that they're asking $350k.
Why not just list it at $350k and be firm and show the buyer why you're firm? Wouldn't you get more showings at $350k?
But again, why even say something like that in your description? List it at your asking price, and then worry about your bottom line in a counter offer back to the buyer.
Why show your cards up front? NOT SMART!
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Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.