Waived Inspection Contingency Backfired!

[Matt De Beer]

Made an offer on a condo in LA last month with a 5-day inspection period. After receiving a seller multiple counter offer, I removed the inspection contingency on my second offer. Ended up being outbid by the other buyer. Listing agent feedback was that seller viewed the removal of the inspection contingency as risky for seller which swayed the decision to the other buyer. Confused? Anyone else experience something similar?

[Ken M.]

Quote from @Matt De Beer:

Made an offer on a condo in LA last month with a 5-day inspection period. After receiving a seller multiple counter offer, I removed the inspection contingency on my second offer. Ended up being outbid by the other buyer. Listing agent feedback was that seller viewed the removal of the inspection contingency as risky for seller which swayed the decision to the other buyer. Confused? Anyone else experience something similar?

There is a miscommunication somewhere along the way. "removal of the inspection contingency as risky for seller" makes no sense.