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Updated over 13 years ago on . Most recent reply

User Stats

488
Posts
121
Votes
Danny Day
  • Developer
  • Houston, TX
121
Votes |
488
Posts

Listing agent can't present offers below asking price.

Danny Day
  • Developer
  • Houston, TX
Posted

Has anyone ran into this with REOs, short sales, bank owned listings, etc?

I'm submitting offers for my clients and notice in the MLS the listing agent puts these remarks.

Can any REO agents chime in and say if this is the listing agents idea, or the banks rules?

I still submit below list price offers........

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