Seller Greed

Sometimes multiple offer greed bites you in the …… I had one of our agents share a story of how he was one of seven offers the other day. Once he presented his firm offer that was well over the asking price, he was sent off with all the other offers and asked to improve their offers because they were not acceptable. His buyer decided they would not improve and advised the agent to not bother going back because they were fed up and wanted to rescind their offer. This is where it gets interesting. When he notified the listing agent, the agent freaked out and said “no no no you must bring your offer back”. Clearly he either had the best offer in the first round or maybe some of the other offers also backed off. The point of the story being sometimes when you look at the gift horse too long it disappears. Sellers beware!

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