If it were were me? I would say no on some of these listings. But my mom is my broker. There have been very few listings that she is willing to refuse. We have a riverfront listing on a vacant property that has been an absolute thorn in my side. It's kinda the frustration that made me make the above post. This dude started at $650k, it is an older, oddly laid out home with a really small garage (20x20). I don't know if I would take it if he just gave it to me. I hate to say it, but we have listed this home, off and on, since before the freeze of 2021. The guy moved to Monroe, LA, and the house has been vacant ever since. He didn't have the heat on in 2021, and the upstairs toilet tank froze and busted. It was against an outside wall. It flooded the house, how he got the insurance company to pay for it, I have no idea. The bathroom floor collapsed and I had to tiptoe out on the joists to turn the water off, $160k and a year later and we relisted it.
Fast forward to this week, and he gets a "lowball" offer. The dude has property taxes, HOA dues, utilities, and insurance payments every year. It probably totals about $20k. Is the offer still more than he paid for it? Yes. After the sunk cost of $60k in three years, I don't know. But the motherfucker needs to take the offer. I have to go turn the water on and off during freezes. I left the water off for a long time, but then agents would let their clients use the restroom. It would get mentioned in feedback. I would have to drive the 20 minutes there, turn on the water and flush the toilets.
We are pretty selective when it comes to location, we will list things out to about 15-20 miles from home, but don't really do DFW. Code of Ethics says to stay in your area of expertise. But some of this shit that we, and others list, can really be undesirable to a lot of people, but for those struggling to buy any home at all, would be an absolute Godsend. They ain't picky.
CHIEF