Interpretation of Seller Behavior

If you want to deviate so strongly from the seller's price expectation, you obviously have to justify it objectively.

Saying that you "have to" invest another 100k in gold leaf applications and therefore the seller "has to" lower the price would be a poor justification (example ypg). Likewise, "Unfortunately, we can't do more" (quote from moHouse) would be completely irrelevant to me as a seller; I'm not a charity.

Providing comparable objects that are cheaper can be helpful. Or bringing the justification from the appraisal. Feedback from the bank that it will not lend sufficiently high on the object for reasons a, b, and c.

Otherwise, you are just a client of the type "what's the final price" and end up in the trash bin.

This is not supposed to be a stupid pick-up line, but rather the inquiry why information was asked for a second time, which I partly already provided in the initial post. My inquiry about what was meant by the result of the expert opinion also referred to this, since I had already presented this in advance. Nevertheless: thanks!

I have now specially read everything again and still could not find where you answer the question whether the seller knows the content of your expert’s report? Maybe I am too stupid, but I can’t find it. YOU know the content, but does the seller know that you are offering so low because of this? Better: has he seen the expert report and thereby knows that this was established independently in black and white?

what price per square meter did the expert set? Hopefully not the one from BORIS, which is famously worthless.

Despite only one question mark, these are also two questions that fit the above and are interesting... together with the macro location and plot size, which you have now answered earlier (thanks), that sums up to 5 questions that were unanswered but important if someone wants to help you reasonably regarding your inquiry. Hence my first post on the topic of give and take. The people here just want to help you (including me), every single piece of info helps with that...!

If you want to deviate so strongly from the seller's price expectations, you obviously have to justify it objectively.

That you "have to" invest another 100k in gold leaf applications and therefore the seller "has to" lower the price would be a poor justification (example ypg). Similarly, "Unfortunately, that's all we can do" (quote from moHouse) would be completely irrelevant to me as a seller, I'm not a charity.

Providing comparable properties that are cheaper can be helpful. Or bringing the justification from the appraisal. Feedback from the bank that it will not lend as much on the property, for reasons a, b, and c.

Otherwise, you are just a client of the type "what's the last price" and end up in the trash.

Thanks for the contribution. No, 100k gold leaf applications are not planned. A few pages earlier there was the question whether it is a bungalow and if we want to convert the attic. No, it is a house with basement, ground floor, first floor, and attic. The ground floor and first floor are finished. The ground floor is renovated, according to the appraiser partly not professionally. The first floor is still in the condition from 35 years ago. The roof as well. Here, a sarking insulation would have to be done so that you can comfortably live temperature-wise in the first floor in summer and winter. (Currently 8 cm roof insulation)

Comparable properties that have been sold in recent years exist. They were in the immediate neighborhood, same year of construction. Better equipment, e.g., in 2017, sold for under 300k.

We just requested the property valuation from our bank today; they have all the documents for that.

For now, we will keep a low profile. If he really has offers beyond 400k, then I am happy for him and the matter is settled. If the listing is still there in 4 weeks and the price has perhaps been adjusted again, I will contact him again with the mentioned justifications and set a deadline until when we will stick to our then valid offer.

If that doesn’t work out... there are other nice houses.

I have now read everything again especially carefully and still couldn't find where you answer the question whether the seller knows the content of the expert report from your appraiser? Maybe I'm too stupid, but I can't find it. YOU know the content, but does the seller know that you are offering so low because of it? Better: has he seen the report and therefore knows that this was determined independently in black and white?



These are - despite only one question mark - also two questions that fit the above and are interesting... together with the macro location and plot size that you answered earlier (thanks), these are in total 5 questions that were unanswered but important if someone wants to somewhat help you regarding your inquiry. Hence my first post on the topic of give and take. The people here just want to help you (even me), every single piece of info helps with that...!

See, now I only just realized that the question referred to whether the seller knows the content of the report. I had interpreted it differently, but communication is known to help. Regarding the question: so far he only knows the estimated value from the expert, not the detailed reasoning. As written in my previous post, I will share this information with him at the next contact. The appraiser set the price per sqm at the Boris value +15%. This reflects, as I already wrote earlier, the sale prices in forced auctions in the area.

you should actually always do it this way with any negative events.

I wanted to say that even missed bad luck is a kind of good luck that is celebrated far too rarely. At the moment, the original poster regrets not having gotten the house. He shouldn’t let that weigh on his soul like that.

I don’t find it at all unreasonable to partially inform the seller about the result. So not the entire appraisal report,

I think – assuming a certain maturity of all parties involved – it is even desirable if both sides have initially agreed in principle “we want to do the deal together” with a “yes” and then look for a joint appraiser. How a valuation result comes about should always be comprehensible for both sides. Good deals are those in which no one gets taken advantage of.

When my sister sold her house, people got the idea to make offers or negotiate prices without even having seen the house from the ad. We didn’t even bother to reply to them.

I tend to add the final remark to ads: “Final price colleagues, I recommend another place.”

If that doesn’t work out... there are other nice houses.

No, there are already others now. And even if there weren’t: let go of this house now. Don’t stand in your own way to be free for alternatives.

The appraiser set the Boris value +15% as the price per square meter. This reflects, as already written earlier, the sales values at foreclosures in the area.

Such an explanation of the offer probably wouldn’t have hurt. But still: the fact that you didn’t get this house now was probably meant to be.

The expert set the price per sqm at the Boris value +15%. This reflects, as already mentioned earlier, the sales values at foreclosure auctions in the area.

Then you subconsciously didn't want the property at all. Boris + 15% WTF :-p