After I had listed my house at $260K, the buyer's offer last week was 250K which I agreed to. However, after the inspection they claimed a lot of problems with the house which may be true. It is an old house. We were looking at a 10K roof replacement. They wanted me to come down an additional 25K, but my realtor negotiated a deal of $237.6K along with the buyer agent taking 1% less. This is effectively 240K which I just agreed to and is in the ballpark of what I was shooting for. I figured after commissions and fees I might get around $225K.
Best wishes,
John Coffey
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