It happened again! I submitted one of my usual lowball offers on a certain property and low and behold the offer was rejected and then immediatly the listing was put into a pending status on the MLS. I want to assume that they decided to go with a better offer but this has happened at least three times now. Its odd because these properties that I make offers on have usually been on the market for a very long time then poof a pending status after the lowball. Can anyone explain why this is happening? I have only seen one of these properties actually go through escrow the rest just sit as pending.
