I wish I had done that.

It's possible they rely on the Internet for their work. I only get 2mbps. I have to buy over the air (like for a yacht) for $150 a month for work and thats metered and only 30mbps.

I get your point, but I get theirs, too.

Best of luck.

Takes about 5 minutes for a speed test. They must have had a discussion with someone about the internet speed in your area. You are under no obligation to extend their inspection period. Discuss your options with your agent. Have them do the test without extending the contingency - that way they know you aren't hiding a potential issue.

I'd say "No" to new contingencies. Seems they want an out for something that should have been considered prior to making the purchase offer. Internet speed is not a repair issue. Prior to making an offer on our house, I researched which utility and service companies would be the providers, and what internet options were available. We had one internet choice--good, but expensive. But I took that into consideration prior to making an offer.

If I do say no does that give them the option to back out due to not meeting their post inspection requests?

its very frustrating, there is a ton of interest on our home. But we tied ourselves up with these buyers, so lots of time lose. It is a rural area, so the internet is available but not fast.

The buyer is a a real estate agent so it just seems like another one of their tricks...put in an offer to tie the place up but ask for another contingency as another option to back out.

Basically im wondering if I turn down their contingency request...does that give them the option to back out?

Yes, they can back out. And you will start from scratch to find a new buyer. You are selling by yourself with no professional representation? And the buyer is a RE professional?

If the request came in after the 7 day inspection period as you say, then this additional request can be denied and they do not have a right to terminate the contract. If it came in during the 7 day inspection period, and you deny it, then yes, they can back out of the agreement.

All of your and their options are spelled out in your contract. Read it carefully.

I have a real estate agent representing me. He seems like it's not a big deal because he has several calls per day asking how solid the deal is. So there is still a lot of interest. It is in a very attractive and growing area. I just wanted to get some more opinions on the matter.

Its frustrating because these people thped out a nice letter with their offer saying they love the property and want to live in the country etc etc.

now they want an "internet test" which seems shady because there aren't any specifics so it seems to me like another means to an out.

i have internet that i told them I would transfer to their name, it's not the fastest but it's the internet and the area is growing so quickly that the infrastructure will come. Also there's other options available such as satellite etc

very frustrating that they sent this letter to peraduade us into accepting their offer over others, no mention of internet speed, now all of a sudden it comes up.

Do you want to live in the country like your letter says or do you want blazing speed internet?!?!? pick ONE.

I think I'll deny their request and see what happens

I’d give them a half day today or in the morning to do the test and release the contingency.

Probably better for you to loose this sale. Although Salti will complain again that I know nothing I am still going to post. The internet carrier is what depends on the speed. If there is only one carrier in the area they are stuck with what the carrier provides. If there are several it is up to the buyer to change after the sale is closed to one that provides a better connection and speed. There are also several levels of speed that various carriers sell. What carrier and speed they select is not something that you have any control over.

Its frustrating because these people thped out a nice letter with their offer saying they love the property and want to live in the country etc etc

Selling a house is a business deal, and letters feed on emotion. Consider this: our agent said she would craft a letter to go with our offer. I have no idea what she wrote.

I'd deny the request and then tell my real estate agent to start showing the house again and accepting back-up offers. I'd also tell him to let the buyer's agent know this. You'll quickly find out if they just want out of this deal or not.

And just what is lost by first saying, "Go ahead, check www speed?"

There is definitely a possible positive!

Was their request within the inspection time period or not? This is the determining factor as to your options.

"They had 7 days to complete all inspections per the offer letter and those 7 days are up".

Sounds like they're asking to extend the contingency period and adding a new one (Internet test).

No it is not! An option is simply to say, "Go ahead and test." As a courtesy, if you insist. If the seller says, "No." It is over. If he says yes, there is a likelihood the deal will go thru.

Why are you and others making a BFD of this? It would be done by now if the seller had said, 'Yes" yesterday. lol

There are lots of other similar second thoughts that come up periodically. Why escalate this trivial item to something important. It is not something that could require to "repair" - only two possible outcomes. Deal done, or deal cancelled. To foreclose the Deal done by simply walking way ehen the other outcome costs zero, nada, nil, is totally ridiculous!

Terrible advice.

The buyer is just being a pain in the a.. I work from home and need a fast internet. Before I even put in a bid on our present house I found out what internet company serviced the area. Our last house the buyer was a big pain. She was a princess and just wanted more and more. Stupid stuff. I got tired of it and just keep saying no and no. I left 4 paint cans in the garage labeled with the room the paint is for in case they nicked a wall in their move they could touch it up. The day before the closing my son was coming to pick up the hot tub and 2 story ladder worth several hundreds of dollars. They came for the walk through before by son came to pick up the items. She wanted us to give her the hot tub and the ladder for her having to dispose of the paint. Yea sure lady, bite me. She bought the house.

It is a big deal because it sounds as though the buyer wants the contract contingent upon their approval of the internet speed. In other words, they could terminate the contract and get back the deposit.

As it sounds right now, the buyers are obligated to perform, unless they want to lose the deposit. Pretty big deal to most sellers.

So,you are saying that you know that the buyer will add any adverse internet issue to the inspector's report after-the-fact?

Is that something that you would allow or condone as ethical? Do you have some inside knowledge as to the buyers unethical behavior? Have you ever seen that in your NC experience?

Do you know how many Internet Sources the property has available? The seller talked about "transferring" his Internet, suggesting a certain lack of knowledge.

Good thing he didn't ask to look at the sky in the evening from the property's porch to see if there was a viewable sky.

Absolutely incredible.

If the buyers are being difficult, and you have others interested...tell them no thanks and have your agent continue to show the home. Be polite, tell them no thanks, you appreciate their generous offer and you will pass on the new contingency. Show your home to others. Mention that you’ve made recent repairs and ask for either full price or a few bucks more.

At least "the stalker" liked your sadly disappointing post. lol

Who is "the stalker"???

Good question.

This is weird. Internet speed is a function of providers available- not necessarily the house, itself. I live in a Google Fiber neighborhood, where the rest of the providers came in at the street to compete with their own high-speed. Many. many of the properties taking advantage of the speed are 40-50 years old.No special wiring on their part, just what services are available.

As a seller, you have little to no control over whether or not whatever the potential buyers want- whether or not it's available on your property.

Reject a new contingency, since you can't control that factor. Perhaps your Realtor can get with theirs and have real conversations about what the real issue is. And continue taking back up offers.