'I offer $55k over asking price [on a different house]': Snobby realtor loses $10,000+ on a sale after underestimating a female executive's net worth

Author image for Jesse Kessenheimer
Jesse Kessenheimer • Writer and Editor
Jan 21, 2024 6:00 PM EST

It's 2024 and there's still a wage gap between men and women. Although bigotry in the workplace is no surprise anymore, you'd think that out in the purchasing world, money would speak louder than gender. However, in our next tale, a chauvinistic realtor shoves his foot in his mouth after assuming a woman's financial capability... And no amount of fresh-baked cookies, commission incentives, or low-interest rates could change her mind after that blunder.

Turns out, a female executive can shake the world of a small, insecure man, and in this case, she took this presumptuous realtor straight to the bank.

Add as a preferred
source on Google
Advertisement

  • It seems like traditionally ‘successful’ men are always flabbergasted when a woman is rich. Newsflash guys, ladies can have commas in their bank accounts too, which is exactly what peeved the man in our next story. It was unimaginable that a female client could be so inordinately wealthy and he proceeded to fumble her offer on a house that she loved. 

  • After delaying the buying process for weeks, u/Mysterious_Peas decided to drop the axe on Mr. Slowpoke realtor, find a new home, and offer an exorbitant amount of cash to buy it. After the haughty realtor saw what she was financially capable of, his jaw dropped faster than his commission rate. 

  • Scroll for the entire tale of chauvinism, lady-prowess, and a satisfying story that will make any reader feel victorious.

  • 01
    FO SOL "No no no no no! We'll take your offer! Please reconsider! ...Nope"
    via canva
  • 02
    r/pettyrevenge Posted by u/Mysterious_Peas 3 days ago 4 Delay my home purchase? Fine. Sell for less than asking price to someone else. Three years ago I moved from the east coast to California. I was fortunate to be moving from a city that was very expensive (super touristy and popular with boomer retirees), so I was able to sell my home for WAY more than I paid for it. Otherwise a move to Cali- no way.
    via Mysterious_Peas
  • 03
    This place is expensive, even the Inland Empire, where I was buying a home. My spouse (now ex) and I were working with a fabulous realtor and found several great homes in our price range. Unfortunately, at the beginning of 2021, the city we were looking in was HOT. Every time we made an offer, we were outbid. It was frustrating.
    via Mysterious_Peas
  • 04
    However, there was one house that was sitting on the market for a while that my spouse loved. It had some issues, but it was about $300k under our max budget, so we could deal with them. I wasn't in love with it, but she was pushing hard for it, so we put in an offer for the house and some of the contents (also for sale) about $10k over asking price.
    via Mysterious_Peas
  • 05
    Weeks go by. The realtor representing the seller, Mr. Delay, is asking for proof that we can afford the home. Um, ok? Provided. He wants to know what my job is (executive) oh, REALLY??? On and on and on, keeps suggesting that they might get a better offer. Continually suggests we can't afford a home this nice.
    via Mysterious_Peas
  • 06
    Finally, I'm done. A different house that I really wanted falls out of escrow. It's listed for about $110k more than the house we're trying to buy from Mr. Delay. I offer $55k over asking price, contingent on appraisal (duh), get that house under contract, and my realtor tells Mr. Delay to pound sand.
    via Mysterious_Peas
  • 07
    Mr. Delay crapped his pants. Blew up my realtor's phone. No no no no no! We'll take your offer! Please reconsider! Nope. My realtor was busting up laughing. She said he was a sexist and she loved seeing him squirm. That house ended up selling for $10k UNDER asking. I wonder how he explained that to his WOMAN client.
    via Mysterious_Peas
  • 08
    Grouchy-Ad4338. 3 days ago Great story. Double bonus - a lesson taught to a snob realtor (or should I say made him beg) without having to buy the house that you weren't keen on. And may be triple bonus if you really did love the new house....
    via Grouchy-Ad4338
  • 09
    pudge9499 3 days ago Wife and I were house hunting in late 2009 and found a house where we put a 10k under list price offer. Owner flat out refused; it was full list or nothing. We moved on and found another house (still here 14 years later). Learned 6 months later the first house went into foreclosure.
    via pudge9499
  • 10
    Sensitive-Swim-3679. 3 days ago Have people ever heard of the old saying about one of my hand is worth two in the bush?... people be stupid or and greedy...
    via Sensitive-Swim-3679
  • 11
    ThePunnyPenguin. 3 days ago We put an offer on a house early 2022. We did lowball, but we provided comps that were more accurate. Sellers were pulling comps from the fancy neighborhood next to theirs to inflate value. My husband is a commercial agent, so he did everything by the book. Sellers agent told my husband he should "stick with commercial." More than 100 days later, the house sold for what we offered.
    via ThePunnyPenguin
  • 12
    DynkoFromTheNorth 3 days ago I've heard many of these stories. Including one where the reaction to you-might-be-outbid-so-you'd-better- increase-your-offer was met with we'll actually decrease it by several thousand, take it or leave it. Guess who won.
    via DynkoFromTheNorth
  • 13
    mmmmmchocolatebars 3 days ago edited 3 days ago Happened to us too. Tried to buy a house and offered over asking contingent on inspection. Found out roof needed replacement. Sellers wouldn't budge on having us pay for 1/2 of their lowest bid (bad shingles, not warranty)... we said no and walked. They finally closed, 4 month later and sold it for 40-50 grand less than we offered
    via mmmmmchocolatebars
  • 14
    The EpicIrishman. 3 days ago Semi-similar story my parents went through when they moved for retirement. They moved into the boonies in WA in a pretty remote area. There was one house that was pretty ideal to them and they really loved the area. Anywhere else, it would have been like a-$750k house, but because of location it was $400k on a prayer. Just too remote. Every other place in the area was priced accordingly.
    via TheEpicIrishman
  • 15
    Well, the realtor and owners made a fuss every step of the way for my folks making it difficult. Took months to get anywhere near talking. Finally, the owners suddenly demanded about $600k instead and wouldn't budge. I get it, it was a nice place with great property. My folks wanted to hire a professional appraiser and would offer based on that. Owners demanded we sign a contract for $600k REGARDLESS of appraisal. My folks told them to pound sand.
    via TheEpicIrishman
  • 16
    Less than a month later another property, 4 houses down the street, listed for quick sell. Not quite as nice a place, but still hit all the check marks with some bonuses. My folks made an offer for I think $40k under asking of $375k and they took it on the spot. So my folks moved in and drive by the unsold place every time they go into town. Last they saw, it was essentially abandoned, still listed for $600k, and had been listed for going on 3 years now. Neighbors say others checked it out but t
    via TheEpicIrishman
  • 17
    derpne13 3 days ago I am from Boonies, WA, and I feel every inch of what you are saying. The housing boom out here has made some people jerks.
    via derpne13
  • 18
    Professor Backdraft 2 days ago I'm in Texas too and have seen my home value (and taxes and insurance) go up 66% in 5 years. I'm crazy not to sell out and leave. 1 Reply Share The EpicIrishman. 3 days ago It's amazing how so many people can change when they get dollar signs in their eyes
    via ProfessorBackdraft
  • 19
    maddenedmage 3 days ago In Spain the asking price is the maximum you pay. You can offer less, but once you offer asking you bought the house. Reason is that one house is often listed with multiple real estate agents, so it is a competition to sell the house. This means they never try and start a bidding war.
    via maddenedmage
  • 20
    Proud Huckleberry_42 3 days ago I was selling my condo. One potential buyer asked to see the last couple of electrical bills. Then, I guess he kept analyzing everything. In the meantime, someone else made an offer and was accepted. The other guy was begging the realtor to let him buy it. Too late!
    via Proud_Huckleberry_42
  • 21
    BAT123456789. 3 days ago I put an offer in on a house. I was turned down because I didn't offer full asking price (the house had been on the market a while). Turned down not because my bid was unreasonable, but because the owner thought that if I wasn't offering what she was asking, then I didn't love the house enough for her to sell it to me.
    via BAT123456789

Want More? Follow Us and Add Us as a Preferred Source on Google.

Tags

man woman wage gap market price marketing house 2024 realtor wealth over asking real estate pay story female executive Reddit payback home money rich wage asking price
Scroll Down For The Next Article