I just had an issue with an agent who had 2 offers on one property (what a great problem...) I realize that this can be the norm in many other markets but it does pose problems. One of the offers was with the listing agent and one from another agent. The second agent did not seal his offer in an envelope or attend the offer presentation ( which is not the norm in our market). The listing agent ended up having his offer countered back as it was $1000 more than the second offer. Although I believe everything was on the up and up - the second agent felt he may have been done wrong. If he had sealed his offer than there wouldnt have been the uneasiness- it is similar to a partnership agreement- it is made when you are getting along so when you dont get along you have something to go back to. Anytime you are doing business with someone it is critical to follow through on all paperwork, business practices etc- it doesnt mean you dont trust your fellow realtors- it means you are being professional. Usually it is when the small things are overlooked is when things go bad.
your thoughts.....
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