Originally posted by Davo36
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BUT:
I know that previously, people have expressed interest in putting in a low offer, but were put off by the REA. (Yeah, I know, they're not supposed to do that.) So in this case, when she not only got the offer on paper but also expressed the belief that I would want to countersign, it raised the possibility that they might be prepared to go a bit higher. I.e. were prepared to negotiate and were closer to my asking price than previous offers.
But knowing that things are heading to a multiple offer often encourages people to put in their best price. So I thought that letting her buyer know what the situation was was giving them an opportunity to up their offer. I know that if it were me, I would want to know if there was another buyer in the wings, in order to put my best foot forward instead of only putting in my starting offer and getting pipped by another buyer I wasn't aware of.
But that didn't happen as I never even saw their offer. I would love to know just what was said to them about that.
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