Ingersoll 4018/deck - Dunnville, ON - $250

[Spike188]

I missed out by 20 minutes.

[MattA]

I missed out by 20 minutes.

That's why I was saying offer a little more money. Sometimes it works...

[myerslawnandgarden]

I missed out by 20 minutes.

That's why I was saying offer a little more money. Sometimes it works...

Seems that these days, even if you see a good deal listed and respond within minutes, you need to make an offer above the asking price if you hope to get the item.

Just like the real estate market around our area. Offering way above the listing price is a foreign concept to me.

Bob

[ssmewing]

I missed out by 20 minutes.

That's why I was saying offer a little more money. Sometimes it works...

Seems that these days, even if you see a good deal listed and respond within minutes, you need to make an offer above the asking price if you hope to get the item.

Just like the real estate market around our area. Offering way above the listing price is a foreign concept to me.

Bob

Agents have been using this method for most of the last decade. The listing goes on the market below the expected value to draw more eyes. Then, the buyers sometimes think they are the ones who see that it is below market and go over asking, thinking that it will get them a house. But, the listed price was never the target sale price. The other trick they use when they have several offers is to ask if your offer is your best price because it looks like it will be sold soon.