Several months ago I had an offer on a house in Westchester County.  My buyer was preapproved and very qualfied, very qualified.  We presented a low offer.  The owner said that my buyer needed to come up on their offer before they would counter.  The offer was just too low.

The house was asking $625,000 and the offer was $530,000.  The offer was too low, too low to counter. So they didn't.  Now, I know that my buyer wanted to negotiate.  They wanted a response to their offer, they wanted to hear from the seller a response.  There was no response.   Only the offer was too low.

I said to the other agent, gee, doesn't the owner want to see where this buyer might go and then make a decision.  No, the offer was too low.

The house just closed for $15,000 less than my buyer had been willing to pay and this seller will never know.