Calgary real estate prospects

[benyl]

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If things were actually booming shouldn’t that Strathmore Development Scam be booming at this point? Until that is booming I refuse to believe in HAWT markets….

Wasn't that high density condos? Condos aren't hawt. they are still very cold. Ice cold. 0 degree Kelvin cold.

[Rocket1k78]

To be a greedy asshole or not? Condition day is tonight and the buyers are ready to waive but they want to push the possession another 2.5 weeks. My realtor says to let it slide because they paid more than ask and didnt ask about any of the little things found on the inspection, but now ill be out about $800.00 with the mortgage and utes. WWBD

[Disoblige]

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To be a greedy asshole or not? Condition day is tonight and the buyers are ready to waive but they want to push the possession another 2.5 weeks. My realtor says to let it slide because they paid more than ask and didnt ask about any of the little things found on the inspection, but now ill be out about $800.00 with the mortgage and utes. WWBD

Meh whatever, just be nice. Good juju going your way. Sucks they waited last minute, but people are jerks like that.

[brucebanner]

How much does the $800 mean to you? Willing to crush the deal over it!?

Get the realtors to eat the $800?

Or let it be and just eat the $800.

Edit : Circumstances matter and would determine what I did personally.

[Rocket1k78]

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Meh whatever, just be nice. Good juju going your way. Sucks they waited last minute, but people are jerks like that.

If my realtor put it that way i wouldve signed the change that second. Wife was on the same page too with being nice.

[Rocket1k78]

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How much does the $800 mean to you? Willing to crush the deal over it!?

Get the realtors to eat the $800?

Or let it be and just eat the $800.

Edit : Circumstances matter and would determine what I did personally.

The 800 is peanuts in the grand scheme as we got way more than we ever thought. My bad for being that greedy asshole lol That hawtness koolaid got me all kwazy

[killramos]

Lol Adjust the possession and move on.

You got to live somewhere.

[cdnsir]

They broke their condition, it is fully your right to call it off.

Have your realtor put it back on the market and reevaluate the fresh bids. With the way things are going, it'll be C/S again by this weekend.

[bjstare]

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They broke their condition, it is fully your right to call it off.

Have your realtor put it back on the market and reevaluate the fresh bids. With the way things are going, it'll be C/S again by this weekend.

And go through staging/showing/contracting/inspection/whatever the fuck else with another different buyer? I sure wouldn't do that for $800. Just let it slide.

[killramos]

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And go through staging/showing/contracting/inspection/whatever the fuck else with another different buyer? I sure wouldn't do that for $800. Just let it slide.

No shit.

[suntan]

But think about how many double meat subs that buys.

[pheoxs]

Feb off to a pretty crazy start. 2022 numbers (and 2021 in brackets)

Sales - 485 (274)
Active listings - 1,048 (1,788)
Median price - 635,000 (505,000)
Average price - 695,505 (567,253)
Days on market - 15 (41)

Detached because who buys a condo.

[cdnsir]

Playing the butthole's advocate, consider these.

1. Sounds like there were other offers, those buyers will jump right back in when they see that "Back on Market" email, minimizing showing times.
2. Not just the $800. It's $800 plus changes in market and demand pricing. From what we are reading here alone, both had only gone up the last couple of weeks while it was C/S

If the advantage is on your side, use it. It's strictly business, nothing personal.

[Rocket1k78]

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Lol Adjust the possession and move on.

You got to live somewhere.

Thankfully its not our main residence, no way in hell would i want to be buying a house now.

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They broke their condition, it is fully your right to call it off.

Have your realtor put it back on the market and reevaluate the fresh bids. With the way things are going, it'll be C/S again by this weekend.

Theres truth to this no doubt but like cjblair said theres a lot involved with that. I got a for sure deal for more than i wanted so no need to get greedy, just signed off on the change without any extra money.

[bjstare]

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Playing the butthole's advocate, consider these.

1. Sounds like there were other offers, those buyers will jump right back in when they see that "Back on Market" email, minimizing showing times.
2. Not just the $800. It's $800 plus changes in market and demand pricing. From what we are reading here alone, both had only gone up the last couple of weeks while it was C/S

If the advantage is on your side, use it. It's strictly business, nothing personal.

You're correct, it's strictly business. And when you have the opportunity to close something, instead of open negotiations again, perhaps even risk winding up with a worse deal, or a seller that won't overlook small stuff on the inspection, etc. etc., it makes zero sense to put it back on the market. Speaking from a business point of view, sell it and onto the next is how it should be handled; not sell it, cut the deal at the 11th hour because of an immaterial change, and roll the dice putting it back on the market.

[pheoxs]

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You're correct, it's strictly business. And when you have the opportunity to close something, instead of open negotiations again, perhaps even risk winding up with a worse deal, or a seller that won't overlook small stuff on the inspection, etc. etc., it makes zero sense to put it back on the market. Speaking from a business point of view, sell it and onto the next is how it should be handled; not sell it, cut the deal at the 11th hour because of an immaterial change, and roll the dice putting it back on the market.

Yup.

Easy to say you can go back to the other buyers to get another offer but a) Their prior offers were less since you would've taken the best already and b) You are approaching them having a deal fell through which will be a factor a buyer should consider even if you try to brush it off as a possession date issue. 800$ is nothing in the cost of a house, best to just make the sale and move on.

[Pacman]

you could ask the buyers for the $800 and gently suggest to your realtor that , if they don't pay up, you will consider re-listing it. See if they call your bluff. If so, your realtor will probably pay the fees vs losing a deal. Either way, you will be biggie sizing your Wendy's spicy chicken combos for the next little while.

[ThePenIsMightier]

Pics of buyers' dads, plz.

[Disoblige]

I would dictate how the buyer's realtor and buyer has treated you so far. Unless they were dicks, just let it go.

If they were annoying throughout the whole process, I might be petty about it. But honestly it isn't "just business", epsecially for such a small amount. There is a calming effect knowing your house sold on good terms with no drama.

[bjstare]

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But honestly it isn't "just business", epsecially for such a small amount. There is a calming effect knowing your house sold on good terms with no drama.

Interesting. I cannot relate to this at all.