[quote=SD Realtor]I don’t know if the agent was guilty of anything or not. Given the short supply of condos there, once that first offer came the sellers don’t give a crap so they took it and said no more listings, we don’t want people going through the home, you never know.[/quote]
Yes, that’s what we learnt from the short sale bidding. The most important thing is to put the bid in as quick as possible: price is secondary, nobody gives a crap.
But on the other side, the banks are getting bullish. I just saw an REO rejected listing price offer because appraisal comes in higher. The bank wants the appraised price and is willing to put the property back onto the market for $20-30K more than the original listing. I guess they just don’t worry that there will be no offer.
