Geno,
From a buyer's standpoint, how do you "really" know that another offer is on the table? I mean, do agents sometimes use this (whether legal or illegal) to get the buyer closer to the seller's asking price (or over)? How does a buyer make sure that there is really another offer or if it is simply a tactic to drive up the price?
From a seller's perspective, I've heard agents say, "Sometimes the first offer is the best offer.." What should a seller encompass during a M.O. to determine the right decision? Is it price, earnest money, etc? I've heard stories about sellers choosing an offer based on price and then the buyer pulls out within the five day period and thus the seller's start from square one. What are your thoughts on this?
Commenting by HaloScan
