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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]Agent here. Good lord OP put in an offer for your price with a 1 hour time limit and beat the agent and seller at their own stupid game. For the others asking about how you know if you escalated against a real person, the listing agent is supposed to give you the front page of the other contract and the buyer's agent's name so your agent can confirm. I'm sorry for being snarky but for all this talk on here about how people can buy and sell houses themselves, it's obvious a lot can't. You just have to think about how to beat people at their own game.[/quote] AMEN!!! THANK YOU! Obviously I am another agent. It really is quite something to read all of these posts from so many highly educated people who do, indeed, think they can buy and sell themselves or use a discount broker! (Sorry PP, if you work for Redfin, but I have a personal distaste for all of the Redfin love on this site). The escalation clause, in effect, is an invitation to engage in a counter offer. If you are involved in a multiple offer situation (and if I were representing you as your as a buyer's agent and you WON) I would ask the listing agent to see any part of the contract that could have influenced the seller choosing your offer over another. Money isn't always the only thing that wins a deal believe it or not - could be terms (free rent back, seller credit, etc.). Do you REALLY think we are in the business of producing "FAKE" offers to screw you?!?! MY GOD. I hope to never cross your path and I feel sorry for your agent. [/quote] Op here, thanks for the personal attack, your doing a great job go confirming that your not someone I'd want to pay a commission to. I have a great non redfin agent and only brought up the issue because I know someone who was the victim of a similar scam.[/quote] How was what was said to you a personal attack? And you're the buyer, you don't pay the commission, but if your great agent is someone who you deem worthy to pay a commission to, then why is he/she futzing around waiting for the listing agent to obtain the other offer putting you squarely in a bidding war. And why are you posting here on a board about how escalations and competing offers work? Why didn't you ask your agent? Get in the driver's seat and drive instead of letting everyone else tell you about phantom email offers and bidding wars and such.[/quote] Wow, you are clueless if you can't figure out why your statements are offensive. Not that it matters, but you do realize there are multiple posters, right? None of the escalation clause posts were mine. [/quote]
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