Here's a new one, or maybe not. A property comes on the market at 5 pm during a major snow storm. At 11 am the next day, I call the listing agent to say I'll be emailing an offer. She says and I quote " No, the bank already has too many offers" I say "excuse me? did you say too many offers?" she replies "yes, there is 8 and they don't want anymore" Now this offer is for a very good client/friend of mine, so I counter with "well this offer is cash" she replies "all 8 are cash" Then I say "the buyer wants to come in as a principal" and she says "OK, send it over" The next day, I receive a voicemail- they went with another offer.
I know what your thinking- turn her in..call the REALTOR board, the state, call the REO AM. The reality is her office has 2 of the big 4. My office will probably cobroke with her 20+ times this year. It would not be in the best interest of current & future buyer clients to alienate her office. I will let it go & hope for karma to catch up with her.
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Most of the remaining houses all had multiple offers also. Some going under contract 4 and 5 times because the buyers could not get financed (don't get me started on that) or other reasons.