This gets around the problem of having to commit to
enter into contract on the “lowest accepted offer”
property.
All you are committing to is to enter into contract
on *one* of them.
Of course, what I want is to pick the “best deal” among
the accepted offers or counteroffers. The best deal
may not be the one with the lowest price point, as
sdcellar correctly inferred.
Now, how do I find an agent that is willing to do this
type of “reverse multiple offer”?
Or have you had success writing up the offers and
submitting them yourself?
This in turn brings up the interesting point
of “representing yourself”.
If I remember correctly, the usual resposne from an agent
is that they cannot give you part of the comission “because
that would be illegal, hence you may as well get a buyers
agent”.
This is of course bullshit because you aren’t
really asking for a comission as such, you are asking the
agent to rebate their comission from the seller, who can
then pass it on to you in the form of a lower acceptance
price.
Is the listing agent obligated by law to present such
an offer?
