From: "newfy.1" 
Newsgroups: misc.consumers.house
Subject: Re: House bidding war
Date: Wed, 15 Sep 2004 22:21:05 -0400


"WORSS"  wrote in message
news:XiM1d.67268$Kt5.21276@twister.nyroc.rr.com...
> My question is, what options will we have tomorrow when we open the
offers?
> What if more than one offer is the same....such as full price and no
> contingencies?  Can we go back and counter at a higher price than asking
> price?  My realtor seems to indicate that we can't play one bidder against
> another??  This does not make sense to me (happens all the time in
> business), although I do understand that it is illegal to disclose
anyone's
> bid to another bidder.  What's wrong with just asking for more money?

We had a bidding war while selling our house and some of the offers (we had
*eight* of them!!) were identical in price and contingencies. What we did
was give all bidders the opportunity to counter and give us their best and
final by a certain deadline. FWIW, they *all* countered except one and
raised their own offers. We didn't raise our price.

JennP.