I make 250k offer, the seller counter 275k , i counter 265k, he ignore me. Can I make him accept my 275k now ?

In Buying Property - Asked by manh t. - Dec 21, 2011
Report Abuse
Answer this Question

Answer(s)

Darnell A.
Owner/Investor
Tyrone, GA

In short "NO". He never accepted your offer, therefore they are free to entertain or not entertain any offer they choose. This is good news for you, it shows that the seller isn't really motivated to sell their property. You should move on, look for a better deal, or at the very least find someone who want's to do business...

Dec 21, 2011
Report Abuse
Daniel M.
Broker/Agent
Cleveland, OH

No, his offer of $275k is now void. The act of rejecting his $275k offer and countering with your own nullifies his initial counter offer. Depending on the timeline given in your counter offer, the seller may still be able to accept your $265,000.

Dec 21, 2011
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question