Quote:
Originally Posted by Mull
It doesn't matter if they know or not, my reaction is to their attempt at a pressure tactic , which is exactly what it is. Its not so the buyer can save their time and move on- 6 hours compared to 24 hours in the grand scheme of house buying?
Its so the seller has a visceral reaction and perhaps looses some rational perspective and then the buyer gets perhaps a better deal.
That is what pressure selling/buying does to the other party. Rational the tactic with any other number of reasons you want, but this is the intent.
That doesn't mean if I was the seller I wouldn't consider accepting an offer from any pressure tactic, but it does mean that if the cards in were in my hands, as this seller has, I would assume I am not thinking rationally towards this buyer and therefore could not trust myself to enter into an agreement with them, really no matter the price.
Hence, tell them to get lost, too much to risk.
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I guess to me, it just sounds like the buyer might have a couple places interested, and instead of going through the whole song and dance of negotiating, gave a final offer to see if you'd accept a conditional offer with the $20K sweetener.
The seller has every right to reject it if he/she doesn't like it because they think it's a pressure tactic, but I honestly don't think it's unreasonable ask by the buyer at all. Things move fast sometimes in a real estate market, and oftentimes, people are juggling multiple potential offers. A 4 hour window seems pretty reasonable in my mind.