We have all done it. Well, I'll bet almost all.
Here is the scenario: I am the listing agent, you are the buyer agent.
ME: Ring, ring . . . hello Joe, just looking for some feedback on your showing of 123 Sell Me Please St!
YOU: Hi Angela, yes my buyer did like the house and they are thinking it over. But I don't think they're ready to make a decision yet.
ME: Do they have any questions or concerns that I could answer that might swing them in our direction?
YOU: No, but they really like it. Please give me a call if you get any offers, OK?
ME: Sure thing, I'll keep you posted. Thanks for the showing!
That's it, I just gave Joe's buyer permission to continue to shop for a home and also assured them that I would let them know if another offer comes along. There is a LOT wrong with this picture. Not the least of which is the liabaility for telling someone I'll keep them posted on any offers that might be coming - and then not following through.
There are a lot of different ways of looking at this - obtaining multiple offers isn't necessarily a bad thing, when they are naturally occuring because of a great new listing. But when they are 'forced' it could spell trouble. One really good offer is all anyone needs - only one buyer can be THE buyer. I'd love to hear which way the wind blows on this one in the Rain.
PS I have also said those words as a buyer agent!
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