The online bidding went well enough, I suppose. The process is about 80% complete as we await the return documents with the seller's signatures. Interestingly, another agent in our office was exactly where I am right now and was informed they had a better offer and "we need your highest and best"! Keep in mind, we've gone through the negotiations and have delivered the Earnest Money, signed all documents, addenda, etc. She lost the sale. Her clients are rightly holding their hands up and saying "What!?". It makes me wonder about the integrity of all this. She was using a different online system, but I think they may all be the same. Pay attention when the notes say "This house is available and not under contract until the seller signatures have been received."- anything can happen.
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo
I have never experienced online bidding - that seems a little "out of touch"
Jun 14, 2010 12:04 AM
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce
Must have missed the earlier details...sounds like online just as in person can mean...out of luck !
Jun 14, 2010 12:08 AM
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate
Randy, I've seen all sorts of shenanigans on these types of sales. Buyer better be very wary.
Jun 14, 2010 12:16 AM
McLeRoy Realty Associates, Inc. - Zebulon, GA
Associate Broker, McLeRoy Realty Associates, Inc.
Randy, YES....it can!
Jun 16, 2010 02:50 AM
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