Listing agents are especially biased when counselling
their sellers in multiple offers situations.
Not exact matches
In any
multiple -
offer situation, it's the
seller, not the listing agent, who calls the shots.
As a buyer knowing the
situation that there's
multiple offers to be placed on the table for the
seller to review, you the buyer are either
in or you're out... this is the opportunity to purchase the property or walk away from it.
Sellers,
in multiple offer situations, are not prohibited from «shopping»
offers.
This works to the buyer's and
seller's advantage especially
in multiple offer situations.
Sellers are afraid to put their home on the market, because it will sell instantly, and they are faced with trying to win
in a
multiple offer situation to get their next home.»
In a
seller's market, buyers will often have to deal with
multiple -
offer situations.
I am aware of a
situation right now whereby a
seller rep. Realtor had indicated to a buyer rep. Realtor, who had just shown the
seller's subject property, that there were
multiple offers coming
in on the subject property.
Actually...
In multiple offer situations, if an ethical listing agent DOES represent a buyer, he will usually remove himself from the negotiations on the seller side and bring in a third - party to represent the seller to make sure everything is 100 % fai
In multiple offer situations, if an ethical listing agent DOES represent a buyer, he will usually remove himself from the negotiations on the
seller side and bring
in a third - party to represent the seller to make sure everything is 100 % fai
in a third - party to represent the
seller to make sure everything is 100 % fair.
If you wind up
in a
situation where the
seller receives
multiple offers you want yours to stand out and look like a great option.
In most circumstances a
seller is going to walk away with more than if the
multiple offer situation did not exist.
In a competitive bidding
situation, and after having received a
multiple counteroffer from the listing agent, my buyer and I were able to counter back to the
seller with a more favorable price for my buyer and their
offer was accepted over the others.
Particularly
in multiple -
offer situations, you could lose an opportunity to have a serious discussion with the
sellers about your client's
offer if you preemptively disclose their contractual demands, Davenport notes.
The
seller generally has more options available
in a
multiple - counter
offer situation.
Received
multiple messages from the broker this afternoon saying he's sorry to put me
in this
situation, that the
seller really wants the cash
offer and even sending me other listings that he thinks I'd like if I agree to release the contract on this deal.
Moreover,
in this type of
multiple -
offer situation, it could be
in the
seller's best interest to issue a counter
offer.