Reply to Can Potential Buyer Ask for Proof of Other Offers?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What difference does it make?  Why do you want proof?[/quote]

What kind of idiotic question is this?  :roll:

They want to know so they aren't bidding against themselves! [/quote]

You put in an offer for what you think the house is worth to YOU.  You are not bidding against yourself.  You have your price, you offer it, and that is that.[/quote]

OP here, but the true dynamic is that everyone has a range they are willing to pay.  I've been pushed to the top of my range by this alleged "other bidder" and am know wondering if its true competition or a scam.  I haven't yet put in a binding offer so can still walk away.  Not in immediate DC metro and my area is not as hot.  Some properties sit for weeks, especially in higher price ranges, and others in the same range get multiple offers first day.  This property has been on the market for several weeks (and all of last season, fsbo, now with an agent) and even with this other bidder we are still several hundred thousand below asking (million plus property).  I'm just wary of overpaying.[/quote]

So don't. Look at comps and make a fair offer you are comfortable with. Sellers can always counter.[/quote]

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