Asked by Jill, • Sun Feb 10, 2008
We had a buyer put an offer on our home that was much lower than what we wanted to get. Our agent said to not let an offer pass us up, and to take it. We did, but I let our agent know that I would not negotiate with the buyer based on inspection. The agent chose not to listen to me on this one, and did not tell the buyers agent about this. The inspection report came back with several items on it (the house is close to 90 years old). The main item on their list was to replace some wiring that was original to the house. The home inspector never said that the wiring was in bad shape, dangerous, or a problem. Our agent said that either we give in to the buyers demands or when we relist it we won't be able to sell easily- due to the fact that we now must disclose every item on the buyers report. What should we do? Some of the items on the report do not appear accurate- they are issues that have been fixed by licensed contractors recently.
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