** substantial discount to market value!

Thomas J. Nelson, Realtor answer is the best; generally the listing agent has an investor with money that will make the offer to buy as well.

I'm with Mary Yonkers ....thank you

Yes,

It's based on you doing it all there way with mandatory price reductions scheduled and agreed to in advance...lots of caveats and the genius is you do not care if they take you up on it, because you're in the door.

"...price acceptable to you.." as though another way existed.

"*" means sufficent room does not exsit to list all the conditions that apply so look at the 5 pt font red font in the pink footer. (I'm serious, that is how it  arrived at my door)

However, it is a workable startegy that typicly says, "Buy a house from my inventory, any house above $500,000, and I'll buy your house if you use my preferred lender."

LOL  Wayne Martin hit it right on the head.  

I thought this was outlawed many years ago.

I've seen a variety of these, especially when the market was so hot homes sold within days of listing.

It is an old system created I believe by Craig Proctor, former RE/MAX agent and still sells his sales systems.

We see those offers all of the time. Most sellers are not willing to take a discounted price in our market.

I just received one of these at one of my listings. It's a bunch of garbage. in some cases, * means, seller is required to use agent to buy another house, house they buy must be one of their listings, and it must be a move up house, etc.

Tony and Suzanne Marriott, Associate Brokers I worked for a company that once promoted this. The asterisk means to read the fine print.

Just reading & learning.  Thanks for Q

Wonder what is in the small print.