When I have been submitting offers for different homebuyers recently in Colorado Springs, I am being told by the listing agents that "another offer is coming in" or "we have another offer we just received, bring us your best offer."
Each time I have told buyers "the listing agent said they have another offer", all of them have assumed the listing agent didn't really have another offer on the table but instead, was saying this to get the sellers a higher offer.
Each buyer gave the same response and thought the agent was being dishonest. Often times, the homes I would submit an offer on had been sitting for days and days and would suddenly receive another offer when I was submitting one for my client.
Can realtors really do this? If caught, are consequences delivered to the agent by the Real Estate Commission? I think it is completely unethical.
Nonetheless, I always advise the buyer to make an offer they feel comfortable with regardless if there are other offers or not.
For further information on available Homes in Colorado Springs contact your Colorado Springs Realtor, Patricia Beck..
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