In a hot market, when multiple offers quickly come to the table I, as a buyer, was often given the ultimatum of my "best and final" offer in the negotiation process. I'm in the Northern Chicagoland area and activity has slowed down, houses which I once thought would be gone in the first weekend are coming up on 100 days on the market (I'm by no means an expert and these are my casual observations). I'm looking to purchase a home in the next 2-3 months, would it be appropriate to turn the tables on the "best and final" and ask the sellers what their best and final is, say if I'm down to 3-4 homes that I'm interested in and at this point it would ultimately come down to price as all of them check my boxes. Has anyone ever had an experience with a situation like this?
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source https://www.reddit.com/r/RealEstate/comments/db3bl2/turning_the_tables_on_best_and_final_offers/
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