Frustrated with ridiculous offers
I'm going crazy, don't know what to do.
We don't need to sell. We own our current house and a smaller townhouse we bought as an investment, all fully paid. But decided to list the small townhouse about 8 months ago.
It's in superb condition, like new. We got a good deal on it in 2007, don't think it's crazy to try to list a bit higher, with the expectation that the buyer will try to negotiate at 90% of list price, and close at 95% of list price.
All we're getting are ridiculous offers. We live in MA in a GREAT town. Realtor has confirmed house prices are holding steady and even increasing. We don't NEED to sell. Hubby has a great job. The offers are ridiculous! About 80-85% of our list price. What are these people thinking?
It's so hurtful to see these people mock our house. But at the same time, I'm beginning to wonder if we should take the next offer and just write this episode off. Hubby thinks we should wait and try to rent it, but I can't take much more of this.
Real estate is not collapsing everywhere!