NSR – you forgot the rinse cycle. Otherwise, I like your thinking and your tactics. For us buyers, time is on our side. Not so for some sellers. I can hear a lot of “I should have taken that first offer” moans in the future. A friend of mine said years ago (1996): “Your first offer is your best offer.” She got a $430K offer on a Santa Monica condo – list price $460K – she passed and ended up selling it six months later for $370K.

PerryChase – I think this might be one of those “new paradigm” shift changes, much as I hate that term.