No. of Recommendations: 1
Are you doing this without an agent?
If so, I recommend hiring a lawyer to review things and get the paperwork right.

Also, whenever there's a offer/counter-offer, IMO it should have something like "This offer is only good if returned to footsox by NN time on XX date" Then you *know* when your counter-offer has expired and you can safely make a contract with someone else. The lawyer (or agent) will have standard boilerplate that gets to that I would expect.

Being on the buyer side of a seller without an agent, I can tell you that the seller may have saved the 3% on their sales price. But my guess is they lost out on probably a 20% higher sales price than they would have gotten from other people if there had been more exposure to buyers.

Good luck.
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