So my clients offered a bit under $3 million for a property listed for $5.1 million. We received this response:
Chris,My clients are very appreciate [sic] of your offer and would like to counter @ 4,099,000.
Okay, that’s a substantial drop, so our offer goes up and is submitted to the agent together with the comparative sales that we’re basing our bid on (including the sale for $3 million of the adjoining lot two weeks ago). And we receive this response:
Hi Chris,I made a terrible mistake. Their counter was actually 5,099,000. I had 4.1 on the brain for some reason. The point being that they were insulted by the offer. This was a way of expressing.
So we have here an illiterate agent who can’t keep track of what her listing is selling for, tries to insult the buyer and blows it, then comes back to make sure that she’s offended him and driven him away. “Still here? Go! Shoo!” Trust me, we’re gone.
If you seek evidence of the robust strength of the Greenwich real estate market, consider that agents like this one managed to make a living selling houses for the past decade. It gives me hope, actually; if house sales survived and even thrived under this kind of skilled negotiating, how much harm can a wee depression cause?