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Updated almost 9 years ago,

User Stats

51
Posts
14
Votes
Christopher B.
  • Broker/Investor
  • New York, NY
14
Votes |
51
Posts

​Respond to HUD’s Counter Offers

Christopher B.
  • Broker/Investor
  • New York, NY
Posted

Yesterday, I got a counter offer from HUD for $103,275.00 I beat the counter by $1.99 making my offer $103.276.99. Today, I was expecting to see that I won the bid and get an acceptance. However, instead I get another counter offer for the same amount as the day before of $103,275.00 Why did this happen? Am i suppose to add the Listing Agents commissions to my final bid which would be $3,098.31 making my offer a grand total of $106,373.31.

* I don't ask for Buyers commission since I am the Broker and bidding for myself. 

Any suggestions?

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