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Forum » ****ty situation with the sale of my house, what would miscers do? (srs thread)
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Thread: ****ty situation with the sale of my house, what would miscers do? (srs thread)

post 1694109673 11-29-2023, 12:13 PM
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****ty situation with the sale of my house, what would miscers do? (srs thread)

So ive been selling my house for a few months now ,market is kind of slow. Anyway heres the cliffs:

-House asking price is 350k
-House doesnt move for 6 months, best offer is 300k which i reject multiple times
-Topic comes up in a conversation with a family member im relatively close with and says they are interested on it as an investment
-I tell him that best i can do is 320k, which he agrees to, as he seems very interested. We shake hands on it
-Literally the next day another couple tells me that they want it and are willing to pay the 350k, ready to sign with their credit already approved and ready to go


What would you do lol.
"The flowers bloom, then wither... The stars shine and one day become extinct. This earth, the sun, the galaxies and even the big universe, someday will be destroyed. Compared with that, the human life is only a blink, just a little time. In that short time - people are born, laugh, cry, fight, are injured, feel joy, sadness, hate someone, love someone. All in just a moment. And then, are embraced by the eternal sleep called death."
post 1694109783 11-29-2023, 12:15 PM
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Originally Posted By Ken-O⏩
So ive been selling my house for a few months now ,market is kind of slow. Anyway heres the cliffs:

-House asking price is 350k
-House doesnt move for 6 months, best offer is 300k which i reject multiple times
-Topic comes up in a conversation with a family member im relatively close with and says they are interested on it as an investment
-I tell him that best i can do is 320k, which he agrees to, as he seems very interested. We shake hands on it
-Literally the next day another couple tells me that they want it and are willing to pay the 350k, ready to sign with their credit already approved and ready to go


What would you do lol.
If its a family member, they'll understand for 50K. Tell em because you had to bust the deal, youll give em 5 Gees compensation (5 of 50 aint bad to buy political capital.) You lose 5K on the deal, but the family member gonna feel alright about getting 5K for doing nothing. And you'll feel good with the extra 25K
post 1694109803 11-29-2023, 12:16 PM
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You go with the best offer. This is not an emotional decision, it is a financial one.
post 1694109863 11-29-2023, 12:16 PM
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Family are worth more than 30k most of the time.
post 1694109883 11-29-2023, 12:17 PM
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Originally Posted By FinBra⏩
If its family member, they'll understand for 50K. Tell em because you had to bust the deal, youll give em 5 Gees compensation (5 of 50 aint bad to buy political capital.)
Don't offer your family chit. They were going to buy it as an investment. They aren't strapped for cash.
post 1694109893 11-29-2023, 12:17 PM
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Sell it for 350k, fuk the family member. It's business

However lie to the family member, say the man offered you 375k so he doesnt feel as bad for losing out
post 1694109983 11-29-2023, 12:18 PM
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Originally Posted By FinBra⏩
If its a family member, they'll understand for 50K. Tell em because you had to bust the deal, youll give em 5 Gees compensation (5 of 50 aint bad to buy political capital.) You lose 5K on the deal, but family member gonna feel alright about getting 5K for doing nothing. And you'll feel good with the extra 25K
this sounds reasonable - I would bet if you go to them and say hey, I just got asking price that they will tell you to take it. I can't imagine saying no to that situation to someone I am close to
post 1694109993 11-29-2023, 12:18 PM
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Originally Posted By shmobin⏩
Don't offer your family chit. They were going to buy it as an investment. They aren't strapped for cash.
If I'm blowing my word to a family member, I'm giving them something for me not being able to live up to a deal. A handshake means something to some people.
post 1694110003 11-29-2023, 12:18 PM
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Originally Posted By FinBra⏩
If its a family member, they'll understand for 50K. Tell em because you had to bust the deal, youll give em 5 Gees compensation (5 of 50 aint bad to buy political capital.) You lose 5K on the deal, but the family member gonna feel alright about getting 5K for doing nothing. And you'll feel good with the extra 25K
Its a 30k difference but yeah i was thinking on doing exactly that. Seems kind of ridiculous but this relationship could really go south if i dont handle it properly lol
"The flowers bloom, then wither... The stars shine and one day become extinct. This earth, the sun, the galaxies and even the big universe, someday will be destroyed. Compared with that, the human life is only a blink, just a little time. In that short time - people are born, laugh, cry, fight, are injured, feel joy, sadness, hate someone, love someone. All in just a moment. And then, are embraced by the eternal sleep called death."
post 1694110073 11-29-2023, 12:18 PM
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Call the family member right now and be like to these ppl offered me 350k and be like I’ll sell it to you if I have to but I’d like to get that much. Unless you need the money then be like sorry I gotta sell it for 350k. Maybe they will still by it but I’d tel them just like your telling the misc
Jesus gang ✝️
God Bless You
( ͡ᵔ ͜ʖ ͡ᵔ
post 1694110143 11-29-2023, 12:19 PM
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Originally Posted By Ken-O⏩
Its a 30k difference but yeah i was thinking on doing exactly that. Seems kind of ridiculous but this relationship could really go south if i dont handle it properly lol
Word, credibility costs money sometimes. Its a win all around if you play it this way.
post 1694110173 11-29-2023, 12:20 PM
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This is why you don’t do business with friends and family.
post 1694110183 11-29-2023, 12:20 PM
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By the way, there’s a Bible verse about shaking hands with somebody for a deal

fist bump crew
Jesus gang ✝️
God Bless You
( ͡ᵔ ͜ʖ ͡ᵔ
post 1694110263 11-29-2023, 12:20 PM
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Keep your word boyo. Or talk to the family member and see if they let you off the hook.

Just read the investment part. If that's the case sell it to whoever is willing to pay the most.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 1694110273 11-29-2023, 12:20 PM
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Originally Posted By shmobin⏩
You go with the best offer. This is not an emotional decision, it is a financial one.
Not only this, but family member was looking at it for an investment. Just have the straight up talk with them and if they want it for 350k as well you will sell to them.
post 1694110373 11-29-2023, 12:22 PM
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Inform your relative that you just got an offer for the full $350k asking price, and say nothing personal, but he'll need to offer to match it if he wants it. You'd already be doing him a slight favor by giving him an opportunity to match, though he may not see it that way.

This is a classic example of why you always wanna do your best to avoid blurring the lines between money and family/friends
post 1694110433 11-29-2023, 12:22 PM
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Man I wouldn’t even be considering selling to family, that puts you in a bad negotiating position or could lead to other issues down the line

Just go for the higher offer
post 1694110503 11-29-2023, 12:23 PM
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Originally Posted By FinBra⏩
Word, credibility costs money sometimes. Its a win all around if you play it this way.
Thing is, this person could see it as "allright we already agreed on 320k, we shook hands, and now hes getting offers for 30k more, which means i could make 30k at least on flipping that house"

that person could see it as if they are the ones losing money. And this person doesnt take money topics lightly
Originally Posted By AdvancedDreamer⏩
This is why you don’t do business with friends and family.
Agree, but honestly 320k is the number i had on my mind months ago, so only way i wouldve regreted it in anyway its if literally after shaking hands i got a way better offer lol, which is what happened.
"The flowers bloom, then wither... The stars shine and one day become extinct. This earth, the sun, the galaxies and even the big universe, someday will be destroyed. Compared with that, the human life is only a blink, just a little time. In that short time - people are born, laugh, cry, fight, are injured, feel joy, sadness, hate someone, love someone. All in just a moment. And then, are embraced by the eternal sleep called death."
post 1694110543 11-29-2023, 12:24 PM
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I feel like op is trying to trigger me and all of my fellow rent-tards.

Must be nice getting paid to leave your house…. I always get my security deposit taken away because I left dishes in the sink
post 1694110603 11-29-2023, 12:26 PM
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Originally Posted By Ken-O⏩
Thing is, this person could see it as "allright we already agreed on 320k, we shook hands, and now hes getting offers for 30k more, which means i could make 30k at least on flipping that house"

that person could see it as if they are the ones losing money. And this person doesnt take money topics lightly
If hes that much of a kunt, then Fk em, and go with the higher offer, LOL. The idea that he could flip it depends on timing, what CPI does in a month, etc. That mindset is poisonous given its a "counting chickens before they hatch, and then catching a grudge over it" thought process. A serious business person shouldn't be entertaining that thought process.
post 1694110643 11-29-2023, 12:26 PM
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show your family proof that you got the 350k offer, after you agreed with them.

explain that the extra money will go a long way for you.

of course they will understand if you go with the better offer.
post 1694110863 11-29-2023, 12:31 PM
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Originally Posted By FinBra⏩
If hes that much of a kunt, then Fk em, and go with the higher offer, LOL. The idea that he could flip it depends on timing, what CPI does in a month, etc. That mindset is poisonous given its a "counting chickens before they hatch, and then catching a grudge over it" thought process. A serious business person shouldn't be entertaining that thought process.
He is kind of a kunt when it comes to money lol, but normally i wouldnt have problem just letting him know whats up and how im obviously not gonna lose 30k on it, and any family member that is worth keeping around would understand, especially if they only saw it as an investment


But, i do work in the same field as he does, and we often do business together, share contracts etc, so yeah, its a bit trickier
Originally Posted By bicmane123⏩
show your family proof that you got the 350k offer, after you agreed with them.

explain that the extra money will go a long way for you.

of course they will understand if you go with the better offer.
May have to go with this one, not sure about the understanding part tho, but well see.
"The flowers bloom, then wither... The stars shine and one day become extinct. This earth, the sun, the galaxies and even the big universe, someday will be destroyed. Compared with that, the human life is only a blink, just a little time. In that short time - people are born, laugh, cry, fight, are injured, feel joy, sadness, hate someone, love someone. All in just a moment. And then, are embraced by the eternal sleep called death."
post 1694111013 11-29-2023, 12:33 PM
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Originally Posted By bhicks3712⏩
Call the family member right now and be like to these ppl offered me 350k and be like I’ll sell it to you if I have to but I’d like to get that much. Unless you need the money then be like sorry I gotta sell it for 350k. Maybe they will still by it but I’d tel them just like your telling the misc
this is the only way, dont listen to those other tards telling you to give them 5k for free lol wtf
post 1694111163 11-29-2023, 12:36 PM
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Originally Posted By shmobin⏩
Don't offer your family chit. They were going to buy it as an investment. They aren't strapped for cash.
This. You'll probably get a lump of coal for Christmas. But money is money mane.
post 1694111173 11-29-2023, 12:36 PM
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Originally Posted By FinBra⏩
If I'm blowing my word to a family member, I'm giving them something for me not being able to live up to a deal. A handshake means something to some people.
Okay handshake boomer. :rofl: This is real estate. Handshakes don't make deals. Accepted bids do and there is a paper trail.
post 1694111333 11-29-2023, 12:39 PM
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Originally Posted By Ken-O⏩
He is kind of a kunt when it comes to money lol, but normally i wouldnt have problem just letting him know whats up and how im obviously not gonna lose 30k on it, and any family member that is worth keeping around would understand, especially if they only saw it as an investment
Just straight up tell him you got a better offer and if he still wants to play, he has to up his bid. That's how real estate works.

Or tell your agent to do it. That's literally their job. Assuming they didn't drop you because you were making deals behind their back.

One other thing to think about is what this does to your neighbors as well. You lowball your house, and they lose value in theirs.
post 1694111353 11-29-2023, 12:39 PM
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Originally Posted By AlwaysFocus⏩
this is the only way, dont listen to those other tards telling you to give them 5k for free lol wtf
but also make it clear that you have proof of the higher offer and you could show them.

that way, your family will know your intentions.

which is trying to get the best deal for yourself which is always understandable. you aint trying to lie or screw them. just do whats best for yourself.
post 1694111433 11-29-2023, 12:40 PM
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I think your family member would be a bit of Douce if he insisted on you selling the property for 320k ..when offered 30k more the next day.

And investment property...he doesn't need it.

And just lol at ppl saying through your fam 5 or 10k - hell no , deals off.

It would be one thing if you lead him on for weeks on this deal...but seeing its the very next day...and you are fam members...
post 1694111643 11-29-2023, 12:45 PM
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There's a big difference between a handshake and signing on the line....

Sounds like you could use the money more than them
post 1694111683 11-29-2023, 12:46 PM
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If you shook hands on it the deal is made. Don't back out especially since it's family
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