Comments on: Can a Realtor hold back offers to create an artificial bidding war? http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/ SEO dedicated for realtors to generate a storm of inquiries Fri, 03 Sep 2010 11:01:21 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Scott P http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/comment-page-1/#comment-243 Scott P Tue, 24 Nov 2009 19:30:46 +0000 http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/#comment-243 ok, first thing... is this realtor the selling agent AND your agent? that alone is a bad idea. i have yet to understand why people do that. now, that being said...it is very doubtful this agent is not presenting offers to the seller. do the math...on a 3% commission is it worth them losing a $200,000 sale in order to take a chance on a $205,000 sale? not likely. if you're "low-balling" offers on a house you really want, then why not either put in an offer that is the asking price or move on? ok, first thing…

is this realtor the selling agent AND your agent?

that alone is a bad idea. i have yet to understand why people do that.

now, that being said…it is very doubtful this agent is not presenting offers to the seller.

do the math…on a 3% commission is it worth them losing a $200,000 sale in order to take a chance on a $205,000 sale?

not likely.

if you’re “low-balling” offers on a house you really want, then why not either put in an offer that is the asking price or move on?

]]> By: David Z http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/comment-page-1/#comment-242 David Z Mon, 23 Nov 2009 23:41:51 +0000 http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/#comment-242 yes you may contact seller directly. walk up to front door and ask the question. yes you may contact seller directly. walk up to front door and ask the question.

]]> By: loanmasterone http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/comment-page-1/#comment-241 loanmasterone Mon, 23 Nov 2009 17:00:50 +0000 http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/#comment-241 If you are not sure that your realtor is holding back on your offer then you should put in the offer that you want to be there when the offer is submitted and give a date you are available to accompany your real estate agent. The other way to prevent this is to place in the offer that this offer expire 72 hours after receipt by the real estate agent. A real estate agent is to submit all offers in a timely manner for acceptance. Normally real estate agents look over the offer, then immediately take the offer to the seller or sellers. if other offers are submitted then they might take these offers to the sellers also. What real estate agents fail to realize is that they are working for the buyer or seller and you dictate the time frame in which things happen. They are there to give advice and make sure the local laws and customs are enforced and a legal sale take place. Are you using the same real estate agent as the seller? This could be a problem. If you are perhaps you might consider using a buyer's agent. I hope this has been of some benefit to you, good luck. "FIGHT ON" If you are not sure that your realtor is holding back on your offer then you should put in the offer that you want to be there when the offer is submitted and give a date you are available to accompany your real estate agent. The other way to prevent this is to place in the offer that this offer expire 72 hours after receipt by the real estate agent.

A real estate agent is to submit all offers in a timely manner for acceptance.

Normally real estate agents look over the offer, then immediately take the offer to the seller or sellers.

if other offers are submitted then they might take these offers to the sellers also.

What real estate agents fail to realize is that they are working for the buyer or seller and you dictate the time frame in which things happen. They are there to give advice and make sure the local laws and customs are enforced and a legal sale take place.

Are you using the same real estate agent as the seller? This could be a problem. If you are perhaps you might consider using a buyer’s agent.

I hope this has been of some benefit to you, good luck.

“FIGHT ON”

]]> By: Michael T http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/comment-page-1/#comment-240 Michael T Mon, 23 Nov 2009 14:21:47 +0000 http://pixseo.com/blog/can-a-realtor-hold-back-offers-to-create-an-artificial-bidding-war/#comment-240 The realtor is not creating an artificial bidding war. If there is interest in the property, that is normal practice that all bids are held until a certain date before being presented to the seller. There is nothing illegal about that. The realtor is not creating an artificial bidding war. If there is interest in the property, that is normal practice that all bids are held until a certain date before being presented to the seller. There is nothing illegal about that.

]]>