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Updated about 4 years ago,

Philip Cook's profile image
Philip Cook's profile image
Philip Cook
Pro Member
  • Investor
  • from Stevens Point, WI
  • Member since Aug 29, 2020
  • Posts 82
  • Votes 49
  • Experience 3 Yrs
  • Investments 4
Connect

User Stats

82
Posts
49
Votes
Philip Cook's profile image
Philip Cook's profile image
Philip Cook
Pro Member
  • Investor
  • from Stevens Point, WI
  • Member since Aug 29, 2020
  • Posts 82
  • Votes 49
  • Experience 3 Yrs
  • Investments 4
Connect
Philip Cook
Pro Member
  • Investor
  • Stevens Point, WI
49
Votes |
82
Posts
Commercial Real Estate Investing

Seller just raised the price

Philip Cook
Pro Member
  • Investor
  • Stevens Point, WI
Posted

I put in a full price offer on a building last week. The seller made excuses and didn't accept or reject the offer. Yesterday I noticed that the listing price went up 12.5%. From what I heard, there is a fair amount of interest in the property, but mine was the only offer so far. The deal still works for me at the new price.

Is this type of behavior normal? Any strategies for dealing with this type of seller?

  • Philip Cook
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