So your broker has put in an offer on the apartment you really want to purchase and you’re waiting to hear back. Ideally, you would prefer that the listing broker directly engages your broker in a 1:1 conversation to begin negotiations. However, this isn’t always the case. When competition for a specific condo or co-op is high, the listing broker may not counter your offer. Rather, the listing broker may stay silent for a few days and then inform your broker that they’ve received numerous offers and they would like for you to submit your “best and final” offer. Being asked to submit a best and
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