tag:blogger.com,1999:blog-11537840.post2314175615221711508..comments2023-11-04T03:10:29.707-04:00Comments on Larry's Take on the Cocoa Beach Real Estate Market: Beneath the SurfaceLarry Walkerhttp://www.blogger.com/profile/01527381774923548480noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11537840.post-74881294023452162302015-04-11T09:28:02.156-04:002015-04-11T09:28:02.156-04:00Not necessarily unprofessional, unethical or even ...Not necessarily unprofessional, unethical or even suspicious. Suppose the asking price was $200 and the seller received three offers all below $125 and asked for best and highest from all three. Each of the 2nd round of best and highest come back below $150. Rather than counter the highest one, she asks all three again for their best and highest which tells each one of them that their last "best and highest" wasn't enough but that they still have another chance. The seller may still not get one that's close enough to her comfort zone to even respond. The seller also has the option of making the same counter to all offers. As long as no buyers are being telegraphed the details of another offer, nothing wrong is being done, in my opinion.<br /><br />I wrote about several possible multiple scenarios <a href="http://larrystake.blogspot.com/2013/07/better-best-and-highest.html" rel="nofollow">here</a> a couple years ago, Larry Walkerhttps://www.blogger.com/profile/01527381774923548480noreply@blogger.comtag:blogger.com,1999:blog-11537840.post-28943551674185002132015-04-09T14:59:19.104-04:002015-04-09T14:59:19.104-04:00A good friend is in the offer stage on a listing i...A good friend is in the offer stage on a listing in Cocoa Beach -- freshly listed, the sellers accepted a few offers, then culled and asked for a BAFO. Now my friend has been told they have asked for a THIRD round of BAFO ( I guess they mean BARFO --- best and REALLY final offer). If the seller wanted an auction format, shouldn't they have said so?? These tactics seem unprofessional. Thoughts?Anonymousnoreply@blogger.com