Crazy housing market

[cowzrul]

My sister made a full price offer on a house that was just relisted after the first deal fell through. No response from Realtor. The seller is posting her house for sale on Facebook saying they need to sell. I don't understand people. Full price, no contingencies. Crazy market.

 

[GC7]

What's even crazier is some people believe this is the new norm. That things aren't going back to how they were in 2019 or earlier.

 

[adamsredlines]

From what I've heard over the last year, asking price is more of a starting point to make an offer ABOVE that.

 

[okcBob]

Houses & cars-it’s a sellers market.

 

[Oklahomabassin]

My sister made a full price offer on a house that was just relisted after the first deal fell through. No response from Realtor. The seller is posting her house for sale on Facebook saying they need to sell. I don't understand people. Full price, no contingencies. Crazy market.

Is your sister sure the seller knows of her offer? I know of a former realtor that wasn't the best at communication or keeping appointment dates.

That being said, I know the housing market is demanding top dollar and many are offering more than the list price.

 

[cowzrul]

From what I've heard over the last year, asking price is more of a starting point to make an offer ABOVE that.

Thats what I don't get I guess. I listed my house earlier this year. Received the full price and accepted. If I wanted more I would have listed it higher.

 

[rc508pir]

My dad sold his house in Cali for $150k over asking. Crazy...

 

[Parks 788]

Thats what I don't get I guess. I listed my house earlier this year. Received the full price and accepted. If I wanted more I would have listed it higher.

If you listed as "for sale by owner" that can happen. If you sold earlier this year and used a broker, your broker may have done you a disservice. Curious how many days your house was listed for sale and how many offers you received?

 

[cowzrul]

If you listed as "for sale by owner" that can happen. If you sold earlier this year and used a broker, your broker may have done you a disservice. Curious how many days your house was listed for sale and how many offers you received?

10 days, first offer, 7 figures

 

[bigfug]

She's not getting a response because its already under contract as is, no contingencies above asking price.