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<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><link><![CDATA[http://www.trulia.com/voices/rss/activity/28036---51100]]></link><description><![CDATA[Trulia Voices ]]></description><language><![CDATA[en-us]]></language><item><title><![CDATA[I recently "missed out" on a house I wanted very badly. I'm hoping the agents will tell me where I went wrong.]]></title><link><![CDATA[http://www.trulia.com/voices/Home_Buying/I_recently_missed_out_on_a_house_I_wanted_very_b-137475]]></link><description><![CDATA[It was 2.5 wooded acres with a 1,700 sq. ft. house for $240,000. I went through it the first time with the listing agent and it was definitely a fixer-upper. My second showing was with my buyer's agent and he felt it was grossly over-priced. My third visit was with a contractor to quote the needed updates. His price to build an attached garage, move the front door and enlarge the bedroom was $35,000.
My total expenditure could not exceed $250,000, so I had to buy for $215,000 or less. My agent said he didn't want to waste his time writing a low offer. It was on the market for 6 months and they never dropped the price a dollar! Finally, it sold with owner-financing for $190,000.
I missed out on the property I loved and the owner lost thousands of dollars, plus the trouble of financing it herself.
Shouldn't the listing agent have told my agent the price was negotiable? At what point is a low offer insulting?
There must be a certain protocol you follow and I hope you'll explain it for me.]]></description><pubDate><![CDATA[Tue, 16 Jun 2009 12:10:37 PDT]]></pubDate></item></channel></rss>
