| Name:
Dave
Title of Question:
Turned Down offer |
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Question: I made an offer on a house, paid the ernest money, the ernest check was returned and the selling agent said they had a better offer. Come to find out the home was sold for the same offer we made. Not a penny More. I would like to turn the name of the agent to the BBB. ??? |
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Name:
C Davis
| Date: September 9, 2005, 5:01 pm
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| Answer:
Not sure if you can. Let me know what happens though, am curious.
Good luck!
www.RegistryLine.com |
Name:
sthflrealtor
| Date: September 16, 2005, 1:32 am
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Answer:
RE Agents have to evaluate more than just the offering price. There may have been some terms of the contract that were more appealing to the Seller in the other contract, all of which the entire "offer". The Seller in the end makes the final call, all the RE Agent should do is advise them as to the terms and conditions of the offer to make it more clear and easy to understand. They will also offer their unbiased opinion based on the overall condition of the offers. Sorry to hear you didn't get the house, but I think the BBB way is not the way to go as it will most likely get you no where. Good Luck!
Your SouthEast Realtor & Mortgage Broker www.fredtomaro.com |
Name:
Josh
| Date: November 24, 2007, 4:43 pm
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| Answer:
There are a lot of other reasons your offer can be rejected. Perhaps they had an earlier closing date, or no contingencies for selling their home, etc. |
Name:
Kim
| Date: March 19, 2008, 2:23 pm
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| Answer:
Offers are considered based on a number of factors not just on price. Sellers typically choose the strongest offer. Things that determine the strength of an offer include: amount of down payment, amount of reserves in the bank, pre-approved financing, ability to meet the terms of the seller with regards to closing dates, closing costs, etc. |
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