Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

604
Posts
327
Votes
Chris Adams
  • Contractor
  • Valparaiso , IN
327
Votes |
604
Posts

Highest and Best ! From me !

Chris Adams
  • Contractor
  • Valparaiso , IN
Posted

Ive got multiple offers on a flip i just put on the market.

I finally get the joy of saying Highest and Best !! Rather than having the seller tell me that. Both offers need some work but I have without a doubt the best $100k house on the market right now.

I will probably do a complete summary of the deal here when its over.

Most Popular Reply

User Stats

8,666
Posts
4,015
Votes
Jon Klaus
  • Developer
  • Garland, TX
4,015
Votes |
8,666
Posts
Jon Klaus
  • Developer
  • Garland, TX
Replied
Originally posted by @Mike H.:
Come on! Did you really have to go there.
Now you're "the man"! Whenever my realtor comes back at me with that highest and best nonsense, I always have the same response. "That was my best". I'll stay. And, of course, I never get those deals either. :-)

So I've come to absolutely despise the banks when they hit me with that.

Now you've got some poor homeowner thats going to despise you if they don't get their dream house? Thumbs down to you for going there.

There has to be a better way to let somebody know there are multiple bids besides Best and Highest..... Anything but being the one that gives them that would have been fine.

And, yes, I am kidding here. But there is some truth to the hatred of that saying for me too. :-)

Repeat after me, Mike, Auctions are efficient.

Loading replies...