“Dear Buyer’s Agent: the Seller has Received an Offer. Highest & Best Due by 10 am on Sunday, March 4”

Highest & Best Due When?!?

What’s the giveaway that the listing agent who sent the email above is likely a newbie — or, at least, not so experienced handling multiple offers?

The 10 a.m. Sunday deadline.

Given that the Edina home just debuted on the market Friday, that means Buyers (and their agents) would likely have to scramble to see it during the day Saturday — and write an offer Saturday night (last night).

Apparently, that belatedly dawned on the owner and their agent as well: I subsequently received a follow-up email delaying the deadline.

See also, “Listing Agent: “An offer has been received, please let us know if you have an interested party. Thanks!”



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