Asked by Caroline, Hicksville, NY • Thu Jan 29, 2009
offers will be considered final offers so that we needed to get as close to the asking price ($625.000) as posible. This is what the listing agent explained to our real estate agent. So we ended up offering $595 000 cash. Today the listing agent tolds us that her customers increased their offer a little bit more than ours... This really frustated us because we feel that the listing agent is lying to us and changing the rules to her benefit. So far our offer is the only one in cash. We would like to know if the agent is being ethical by changing the rules and if we have any chances of getting the deal even if our offer is the second highest. Also how much power does the listing agent has in this transaction? If she is not being fair to us is it a good idea to report her or should we leave things as they are?
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