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Updated almost 11 years ago on . Most recent reply

User Stats

19
Posts
4
Votes
Danny Colacicco
  • Baltimore, MD
4
Votes |
19
Posts

When your deal is that good....

Danny Colacicco
  • Baltimore, MD
Posted

I was just curious how others would approach this situation...

We put a deal under contract this weekend and when we sent the listing out to investors yesterday evening. By this morning we already have 10 investors that are very interested and going to look today. As far as im concerned, we have to options:

1-Give it to the first person to return a signed assignment agreement

2-Allow everyone until the end of the day (or maybe even two days) to submit a bid

In my opinion, the second option just makes us seem annoying that we have an asking price and now making the investors bid, but at the same time we have to be fair to ourselves (though we have already allowed for a nice assignment fee)

What would everyone else do??

Thanks!

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