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re: Are phantom bids legal (real estate)?

Posted on 8/31/17 at 12:43 am to
Posted by diat150
Louisiana
Member since Jun 2005
43738 posts
Posted on 8/31/17 at 12:43 am to
Drop your offer by 5000 and give them 24 hours to agree
Posted by ATLdawg25
Atlanta, GA
Member since Oct 2014
4370 posts
Posted on 8/31/17 at 4:24 am to
Agree - drop your price a little bit. Give them a "phantom comp" and say you walked through another property you like better that's a lower price point.

I think realtors believe that making up a fake verbal offer vs a fake written offer is less unethical somehow.
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