Offers & Integrity: Highest and Best

[Tom C.]

Anyone else think that any listing agent who says they need all bidders “highest and best” and then after receiving the bids they counter  substantially all those bids to drive “higher-er and best-er” should be imprisoned. 

 /s

Seriously, shouldn’t a seller (or the Agent rep) who requests the highest and best (due to multiple bidders) have some conviction to actually accept the offers as being the highest and best (or walk away)?

When I bid in situations like that I make the offer subject to a short timeframe upon which I deem it reasonable to evaluate the offers after which my offer expires.  (Clearly, not making friends that way)