why offers are not accepted: Why was my offer rejected though it was higher than list price?
- 05/28/12 05:16 AM
Why was my offer not accepted by the seller even though we offered higher than the list price? In my neck of the woods in Alameda , Oakland and Piedmont CA, we’ve had listings during which the winning buyers were not always those who wrote the highest offers. This is not unusual. Buyers who track the progress of sold properties on which they submitted offers are very surprised when they found out they wrote higher offers but lost anyway.
NOTE: List price should NOT be the sole basis of your offer. List price is all part of the pricing strategy -- some
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