If you do mind me asking, I retract the question.

By having this agreement in place prior to, and given the buyers agent can retract their commission, it may be less expensive to pay your buyers agent through the closing instead of raising the price by an amount you might have otherwise have agreed to go.In the situation you described, if the actual fact is the listing broker is attempting to double end the deal to their own buyer client but the two offers are similar it may have saved you a couple/several thousands of dollars had you agreed to pay your buyers agent a fee/% in exchange for retracting their rights to a commission and raised your offer by x  dollars.In the past when working CRE brokerage exclusively, I would propose this to my buying clients when a competitive buying situation arose, but with the added caviot that my fee went into the deal on a pare pasu equity basis and I also got the management/brokerage work for the project. 

Great flashlights and extra batteries that fit, super long extender ladder, korkers/or other brands over shoe to go over your steel toe boots, GFCI tester, moisture meter, a dog nose, an extender mirror, shovel to check foundation moisture, respirator as some properties have gross smells or chemical exposure, regular retractable tape measure forget the laser one, 5 gallon bucket, zip lock baggies, brown paper bags, putty knife, variety of screw drivers,Are you checking basements?

It sounds like they had already recorded the first, incorrect version and will record a retraction of sorts if the demand is not met. 

If it is lower players will retract, because they can't be profitable.Real estate is no different.

Did the door come down, smash the glass and then retract upwards?

Pending Solution: 1) given that I have a sense that this tenant isn't going to be forthcoming, I am going to retract my initial offer to make the rental increase a discussion. 2) I am going to set rent at a rate that establishes cashflow, but doesn't go anywhere near market rates.

Nothing gets installed on top of the planking cause they need to expand and retract with temperature changes, plus you need at least 1/4" space between the flooring  plank and baseboards or walls to allow for movement

retracting this reply...

Even in 2009-2011, some cities saw tremendous growth and increases in value, while others saw retraction and falling values.