Many buyers, as well as agents, become frustrated by the short sale process. It's never really quick and sometimes the listing agent doesn't know exactly what's going on because the banks are really busy with short sales and don't always communicate accurately or swiftly. Banks are not emotional. They are trying to get as much as they can. They have stacks and stacks of short sales on their desks and treat one just like the other. The bank will merely take the highest offer often without taking the terms into account. My advice to you is to sit tight and wait. Many buyers in short sales put offers on many properties. If and when the bank comes back to them, they may have already purchased something else. Obviously, if a listing agent also sells the property, that agent will get both sides of the commission. However, to gamble their license for a couple of easy bucks isn't really a good bet and I doubt that agent is acting unethically. If you have any questions, please feel free to contact me.
Certified Buyer Representative
Century 21 Princeton Properties