Asked by Mr.P, Arizona • Sun Oct 28, 2007
The Following is written in the description and remarks of a active listing in the ARMLS.
Disclaimer: I don't know this guy, never met him. I have no bad will towards, seller, agent , or Broker.
I just want an opinion for future refference.
*** AUCTION OF SPECTACULAR WATERFRONT PROPERTY IN *** ONLY AVAIL FOR INSPECTION DURING OPEN HOUSE SAT & SUN, NOV 3RD & 4TH, 10AM - 5PM. BIDS RECEIVED UNTIL 5PM SUN, NOV 4TH. Note: Highest Bid subject to Seller Acceptance - All Offers & Acceptance Non-Binding Unless Reflected in Written & Signed Contract. Call Listing Agent w/Questions ***
The Facts are that this home has 177 days on Market. Original list is $379,900. Just Yesterday The Listing price was reduced from 349K to 199K, and the description and remarks were changed. My question is can we actually do something like this? Is it legal? Merriam-Webster says nothing about "Highest Bid subject to Seller Acceptance " Myself, I have never found it healthy to P.O.
large groups of people.
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