Quote:
Originally Posted by GLOW
if there's a bid date to accept offers, then wouldn't doing a pre-emptive bid and the seller accepting/negotiating when they set a specific date be unethical?
at the very least disingenuous by the seller in having an open/fair bidding process.
I know, it's RE   |
Yes and no. It's a bit of a "one in hand might be worth more than two in the bush" scenario.
If you're a seller who's in a hurry to sell, and you have what you consider a good offer already in hand, would you want to risk that additional time & effort with the bid date process? You're not guaranteed a better offer (hell, you're not even guaranteed you'll sell), and you're absolutely guaranteed to take more time in the process...
It sucks for RabidRat, but I can understand the reasons, like I said especially if you're in a position where you need to sell quick.