ᐅ Price Increase Due to Market Conditions

Created on: 16 Sep 2019 20:46
D
Donludo
Hello,

We received an offer from a builder in March. Since then, we have been in ongoing discussions regarding changes to the building specifications, conducting soil surveys, etc.
Now the soil report is available, and the builder is not only increasing the price for the basement but also raising the total price of the house by nearly 10% due to the market situation! That seems quite high to us.
First offer in March, latest revision in July, and now it is mid-September...

What do you think? Counteroffer?
Dr Hix18 Sep 2019 22:21
HilfeHilfe schrieb:

Being stingy is considered cool mentality

For a house costing 300,000€ (about $320,000), those 3% quickly amount to 9,000€ (about $9,600) without any tangible return. For a "banker," you seem to have a rather unusual attitude toward money...
H
HilfeHilfe
19 Sep 2019 05:26
Dr Hix schrieb:

For a house costing 300,000€ (about $330,000), those 3% already amount to 9,000€ (about $9,900), and that’s without any tangible benefit. For a "banker," you seem to have a strange relationship with money...

So what? It’s still 3%, and the value creation in construction is also becoming more expensive. All current wage agreements are well above 2%, except for the banker.
D
Donludo
31 Dec 2019 18:41
Thank you for your responses!
It was a regional company from Osnabrück.