[quote=spdrun]Sure, on sellers with the IQ of a potted plant. Any seller with 1/4 of a brain will sell to whoever comes firstest with the mostest money.
The only paper that matters is the green, hard-to-fake kind.[/quote]
Not always true. Here is a true example from last twelve months.
A close friend was shopping for a house so we recommended our friend, an excellent realtor. The realtor found our friend an excellent home (half of a duplex) and wrote the seller a very nice offer letter, introducing my friend’s young family and stating they would treat the home well. They got the house in a multiple offer situation.
After they moved in, they found out the other half of the duplex was also owned by the seller and his daughter lives there still! So the seller had a vested interest in getting a very decent buyer in the place he was selling.
In a multiple offer situation with close bids, it is very possible the offer letter makes the difference.
