Zillow Advice: Home Selling - How to deal with buyers who want everything? http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ Zillow Advice | Zillow Real Estate It's a buyers market! Buyers ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ It's a buyers market! Buyers can demand much more than ever! Whether or not there is a contractual "out" for buyer demands due to self inspection really doesn't matter. There's always a way out if the buyer wants to get out. Instead, if the items are nominal, and your market is still declining, focus on what it will cost you to not work with the buyer to get the deal closed. Tue, 13 Dec 2011 02:42:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-13T02:42:00Z I would like to add, it isn't ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ I would like to add, it isn't all that odd to request an inspection contingency and self-inspect (or have a friend/family member do it). I've self-inspected the last two homes I purchased. It really isn't that difficult of a thing to do if you know what you are looking for - particularly in smaller homes with easy to get to systems. I don't think that would be the thing I would be caught up on. If they requested an inspection, but then chose not to hire an inspector, I think they'd find it hard to be compelling if something went wrong unless you willfully misrepresented it. I am not a lawyer though, and if you want a legal opinion, instead of a mere personal one, you'll need to see a licensed attorney in your area.<br/><br/>Re: the water line. If you don't want to do that one yourself it should be very inexpensive to hire someone to do it unless you are going all out to make it a fancy recessed wall one or your house layout is wonky. The kits are pretty inexpensive, and super easy. It will likely take a contractor longer to pull out his drill from his tool kit than the process of installing it takes. It's as hard as fishing the tubing (last install I did I just drilled a very small hole behing the fridge, the house before that I came up through the back of a cabinet by the sink since I already had the cabinets pulled out), then attaching the tubing to the fridge on one end, and on the other end attaching the tubing to the kit piece that fits over a cold water pipe. A couple of twists and it's going. Wed, 07 Dec 2011 19:04:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T19:04:00Z Buyer demands are frustrating, ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ Buyer demands are frustrating, there is no doubt about it, even if it is for small items. Likely this can be approached in several ways by you and your agent&mdash; start by looking at the purchase contract, if it has explicit language stating the house is being sold "as is" then you as the seller are under no obligation to do any repairs. Check your local codes and ordinances, if they are asking for things outside of normal health and safety standards, then your agent could have a chat with their's reminding them of this, you may just need to be firm and encourage their agent to focus on getting the deal done. Or perhaps you could do the small items and provide receipts, however be wary of doing <a href="http://www.zillow.com/directory/home-improvement-plumbing/">plumbing</a> etc (ice maker line) you should really have a licensed contractor for that. The red flag in my mind is the fact that they didn't do a home inspection, as buyers they haven't fully investigated the property, I'd be certain that they sign a waiver of their rights in order to protect yours.<br/><br/>Good luck! Wed, 07 Dec 2011 18:38:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:38:00Z With 2K up as earnest money, ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ With 2K up as earnest money, I would bite my lip and do the minor repairs as long as they sign a formal acceptance and waive further contingencies other than financing. It is distasteful, but the goal has to be to sell the house. There is nothing sweeter than closing escrow on a house that has been a pain to sell. Trust me I know. Wed, 07 Dec 2011 18:29:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:29:00Z From a buyer's perspective, ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ From a buyer's perspective, I would demand it too. A hundred thousand dollars is a lot of money to some people, likely your buyers fit in that catagory. <br/>&nbsp;<br/>Especially since (as you've found out!) about a third of deals are falling through. I mean if you want to sell the house do the repairs, if you really think you have another buyer and don't want to mess with it, then say no. <br/><br/>Times are hard, lots of houses are for sell. Buyers want to make sure they are not paying too much. They don't want to end up finding out they could have bought more for less. In my opinion they are being responsible. <br/><br/>It is your house, you can keep it if you want. I'm sure if you send them packing they will find something else. Wed, 07 Dec 2011 18:26:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:26:00Z This is not a legal opinion, ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ <p>This is not a legal opinion, but I think it would be cost prohibitive for them to come after you for thinking a switchplate was installed poorly. Any of the repairs you mentioned aren't particularly high-skill. If they wanted the house rewired or something, I can definitely see outsourcing that to an <a href="http://www.zillow.com/directory/home-improvement-electrical/">electrician</a>, and if you want to cover your bum, then find a licensed contractor to drop an hour and take the liability for it. You can also have them sign off that the repairs were done to their satisfaction during a walk through.<br/><br/>My guess is they want to move mom into a house that was ready to go and didn't want to a) deal with doing it themselves, and b) hear mom complain she doesn't have switchplates. Maybe mom is a heavy smoker or hard of hearing so they want lots of smoke detectors. It doesn't really matter why they want the items since it is such a minor amount. It's not worth it to you to kill a deal over $100-200, and unless there is some other motivating factor.</p> Wed, 07 Dec 2011 18:25:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:25:00Z If I were you I would do ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ If I were you I would do all but the ice maker line (that one could come back to bite you if it leaks and not a necessity).&nbsp; The switch plates may be keeping them from getting the loan, and locks are easy to install on (wood?) windows and could be an issue on the <a href="http://www.zillow.com/mortgage-rates/">loan</a> as well, and I assume it still has to appraise.&nbsp; I don't know why they think they need a smoke detector in every room, but I would humor them on it.<br/><br/>Good luck on the appraisal too. Wed, 07 Dec 2011 18:22:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:22:00Z this is the state of the ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ this is the state of the market right now. buyer's want everything and they are entitled to it. a qualified buyers is currently worth a thousand times more than a seller. Wed, 07 Dec 2011 18:19:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:19:00Z We are the only straight ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ We are the only straight sale in the &lt; 100k range in our town. &nbsp;All the other houses are <a href="http://www.zillow.com/homes/for_sale/fore_lt/">foreclosures</a> or short sales. &nbsp;The foreclosures are trashed. &nbsp;I've been in them. &nbsp;They need major overhauls to make them livable.&nbsp;<br/><br/>We put 5k into the house before we put in on the market with new appliances, carpet, tile, paint, doors etc. &nbsp;It is move-in ready (other than the switchplates which we just forgot to install). &nbsp;<br/><br/>I asked my agent whether we should do the repairs and she stated it was better to give a credit. &nbsp;She was concerned that if we did the repairs ourselves they would come back and say that we didn't do them right. &nbsp; Wed, 07 Dec 2011 18:13:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:13:00Z My questions are - what is ... http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ My questions are - what is your market like and what is your leverage? If they are buying this property for their mother, are there a bunch of other homes like yours at or around the same price? They may have some restrictions on how much upkeep she can do, etc that places limits on the houses that are viable for them. Ask your agent (&amp;/or do your own research) to see what other options they may have as buyers to help assess their motivation level. The repairs do seem pretty petty - but that also means they aren't a large burden for you to complete.<br/><br/>As a seller I probably would have just done them and rolled my eyes while screwing in the wall plates. If this is still an option, you may want to just do it instead of the credit. It is possible they don't have the time or energy to devote a couple of hours to the repairs before mom would move in. Wed, 07 Dec 2011 18:04:00 GMT http://www.zillow.com/advice-thread/How-to-deal-with-buyers-who-want-everything/425084/ 2011-12-07T18:04:00Z