Posted on 04/16/2022 6:41:48 PM PDT by MeneMeneTekelUpharsin
I regularly get offers of less than $1000/acre for my wife’s 56 acre farm. I just throw them in the trash. But I suppose you could compose a rambling story that would totally waste their time, leading them on that you might be willing to sell because you have used the lot to get rid of certain “things”. Then in the last sentence tell them that you are afraid of people poking around and don’t want to sell.
I get about one per day on my tracts of land in East Texas. All about 25-50% of market value.
You win then. Tapped me out. 🙂
Be careful, many are just marketing companies which want to help you sell the property. They don’t buy just list it at the low price you bit on….
$250 a square foot might be a good counteroffer. 100 x 50 foot lot for $2.25M.
Test their level of interest. The Chinese and Hispanics that call me up don’t even put a number out there - so you are already doing better than me.
It’s a weird market for sure. I bought a used SUV last June for $7k.
A week later a dealer offered me 10k.
A month or so later a dealer from Wisconsin offered me 13k.
The first dealer recently offered me 20k.
It’s idiocy.
tell them they will have to reimburse you for every penny of assessments for all those years, plus money at market value equal to the number of future years of lost enjoyment, should you sell.
Didn’t do good with dates or sales? You don’t get if you don’t ask and you don’t keep asking if you are offended by NO.
I get the same letters.
I call them and invest 15 minutes or so leading them on asking lots of questions and getting them to think they have a mark. Sometimes I even tell them I have money problems. That really gets them slobbering. After that I tell them to go eff themselves and to let their friends in the same business know what I said.
I also lead them on and tell them we can make a deal at an outrageously high price. One made the mistake of telling me to be reasonable. I hope he regretted that.
I do the same thing with sales callers that break through my ring of defenses. When they think they may have a sale I tell them that all my assets are in the control of a guardian because of my mental health issues and prior convictions.
I usually keep the gate closed but when expecting a delivery I don’t want left there I open it. I was out spraying last week and some glad handing all-hat-and-no-cattle dude drives up, realtor he says, real tree or something like that.
Sure do have a nice place here.
Thanks, it takes a lot of work.
Are you interested in selling it?
Nope. You can leave now I have work to do.
I can get you a good price for it.
I asked you to leave. Now I’m telling you so leave.
Sorry, didn’t mean to make you mad.
Well, you did so git.
What I do depends on how much time I have and how irritated I’m feeling. I’m feeling more irritated with each passing day but also have less time so one offsets the other. I have what I want and worked for and I intend to keep it for as long as I can. My active goal is to be left completely alone.
Long answer but I’m recruiting fellow antagonists.
I got one of those. I was told it’s a scam. You sign it and send it back and they use your signature for bad things.
Same kind of scumbags that send unsolicited dick pics to hundreds of women.
Dear Sirs:
F You. Stronger letter to follow.
Sincerely,
Have you seen how many airstreams are listed? Some days there are more than 20 on the airstream blog.
I figure this seller’s market will dry up soon enough and all those impulse buys will be for sale, I expect at a loss. More-so with airplanes bought sight unseen in 20 and 21 when the buyers figure out what money pits they are. That is unless people have more money to burn than I expect they do.
The tax bills on the cap gains of the last two years are due now and there are some shockers to be paid in a market that lost most of the gain from last year. Bugger.
Too old soon,
Too late smart.
Some lessons are harder than others.
I’ve gotten calls from firms wanting to buy my house.
I tell them I will sell for $1 million, which is 4 times what the house appraises for.
And some of these idiots keep talking like they seriously want to negotiate.
I tell them they are wasting their time, that there firm wouldn’t pay that much over appraisal. And then I hang up.
I would love to cost them a bunch of money and time. Maybe try “well it needs to be surveyed first” and if they bite one it, tell them it has to be done by a certain company a buddy owns. Rinse and repeat.
I have a ten acre wooded lot, a paid for home, a lake cottage. I get one to three “offers” or even demands on those properties per week from seemingly different companies or individuals each with eachh one. Most give a phone number to call to know the pice o offer. Some make a money offer in the missive I get in the mail. I even got one offer that was what I had thought was an exorbitant price for my acres but it went in the trash with the rest. I do not get irritated but stay curious wondering how inflation will affect the offers.
I got one offer for 4 and a half my original investment but that was 24 years ago that I bought it. The area is still mostly woods and swamp. I do have the one piece of high ground in a large area.
Like
“…since inflation is now an issue, the price is 1.5 million..and cash or certified bank check. Better hurry cuz inflation is adding to the price daily.“
This, I like.
I own two 160-acre farms, and I get these low-ball offers all the time.
Here in the Seattle area the developers are willing to pay $1.4 million for a tear-down house on a 60’x150’ lot. They’ll cram 2, maybe 3 McMansions on it - but that still seems like a lot just for the land value.
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