[quote=sdcellar]jpinpb– You’re right, they would have countered our counter, and you’re also right that at some point it would stop, but in last best, I only get one shot which really turns out to be no shot unless I come in at last stupid.
I’m still trying to figure out who loses here as far as actual seller and buyer. Seems like it could go either way and it’s probably not even much money. There is one clear winner, however, and it’s neither of those two.
I hear you though and I’m still hoping that someday I’ll be thrilled that I “lost” out on this one.[/quote]
I would have kept countering until the sky is pretty high, not necessarily because I would have been interest in the purchasing after countering…But just to drive the prices higher to screw the other buyer(s) who might foolishly purchase at those levels….Or even better, for prices to have reached a point that after a cooling off period, the lightbulb goes on in the other buyer, and they go “what the hell were we thinking” and back out later….Either way, I don’t think you can could have lost. By golly if you can’t have the home at the price you want to pay, you shouldn’t make it easy for anyone else too also…At least it increases the chances of the new buyer defaulting in the future if you make them overpay 🙂
So the next time, the moment you get a “counter offer”, just keep adding and adding and adding, and the the last day before contingencies, just back out…You’ll feel much better.
