The week all three offers got rejected on the same house

Last Tuesday I put an offer on a 3 bed 2 bath in Phoenix for $285k and got beat out by two cash buyers. Then Wednesday I tried again on another place and the seller countered with $20k over asking. Has anyone else had a run of bad luck like this where you just couldn't catch a break?

2 comments

2 Comments

uma_webb281d ago

Did you check if the same agent was representing you on all three offers? I had a friend in Tucson who lost three deals in a row and it turned out her agent was texting the listing agents something like "my client is pre-approved but not super solid." The agents get in cahoots sometimes and yours could be tanking you without meaning to. Like they might be too friendly with the other side and giving away your position. Might be worth asking to see exactly what was said in those negotiations. Could be innocent but you never know.

fiona_lane1d ago

Definitely check the agent's disclosures, @uma_webb28.