[quote=sdrealtor]
In the “best and final” system, I tell clients to pick the number you are comfortable with and can be satisifed with “win or lose”. Its not perfect but I find its better than the alternative above.[/quote]
I guess everyone is different. With me, I was a lil pissed that I lost by $5k. I could have bid $6k more and I’d still be happy w/ the price, but I didn’t because I didn’t want to over pay. Then there’s the house where I was the winning bid. There were many offers as well and I had to submit my highest best. I don’t know if I won by $1k or by $20k. If the next bid was $20k less, I would be a lil pissed that I overbid.
