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Can't say I've ever been involved in an best and final "auction" situation but any house I've ever offered on is slap in a bid to get a idea of how much of an offer they will take and then put my offer in as best and final. With a "well the offer stands until I find somewhere else, but I won't be changing it" maybe I'm looking at dumps nobody else wants ...
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Don't come to Scotland where most places end up as a 2 week blind auction with no real possibility of changing the offer after the deadline.
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when I bought - admittedly a few years ago now - we were asked for a best offer ("they like you but you're the second highest offer" etc) and just said nope - that was our best offer. I guess it really depends on how hot the market is.
Grumpy_Git
rj
hoefla
@wools
Anyone else here trying to buy and really fucking bored of best and final offers? I'm just looking for sympathy or a simple HTFU to help brush it off.