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I understand offers come in on bank-owned properties and the listing Realtor submits those offer to the asset manager and the asset manager holds on to the offers for several days (or weeks in some cases) waiting for higher offers to come in. What I find in some cases, is the listing Realtor will tell a fellow Realtor representing the buyer, there are multiple offers in on the property but will not reveal any information of what the offers are. I understand to a certain degree that they represent the seller and their best interest, but refusing to give me an … (0 comments)
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