Help with transaction
I am representing my client and my client asked me to come in at full price so we can get done and make a quick sale... Its been about 4 weeks and our contract date expired. At first the sellers agent said the seller had a tax problem and gave me the go around... I offered my own tax accountant to help speed things up since they had trouble with that. 

Now he says the owner wants an appraisal... and he happens to only call appraisers that are too busy or wont show up...

My thoughts are he thinks since we came in at full price he can get more money.

My ideal next step is to cancel our contract and sit until he comes back to us... What are your thoughts? 


[{"id": "d4n25ct", "text": "Never be afraid to walk away.  Sometimes it's the only way to show that you're serious.  Clear it with the client, evaluate the desire to transact, including timing needs, availability of alternative options etc.  Not something to do if your client can't afford to lose it, so make sure that is crystal clear with them.  But follow your gut.\n\nPeople play games in this industry and if you can afford to call their bluff, they tend to come back to the table.\n\nThat's the most I can offer without knowing the details.\n\nEdit:  Also - coming in at full price is pretty rare unless it's a competitive bidding process (or in the event of extreme market conditions of course).  Many times sellers do feel as if they left money on the table or undershot the listing price if they get what they asked for.  You're frequently better off going in 5-10% low for that reason, even if you intend to settle at full list price.", "replies": [], "depth": 1}, {"id": "d4nxjv1", "text": "Hmm, how good of a deal is it?  Are you in some kind of escrow with money changed and a binding contract?  How bad does your client want the property?\n\nIf you have a binding contract and really want to push it check with an attorney, maybe you can sue for specific performance. ", "replies": [{"id": "d4rrao8", "text": "He just made an offer.  That's not a contract.\n\nThe listing broker on the other hand can sue the owner for his fee if his listing contract reads like mine do which basically say I'm due my fee when I bring you a willing and able buyer at the price we agree to.", "replies": [{"id": "d4sryvz", "text": "Yeah, if that is the case (you are not in a contract) it sounds like the \"seller\" isn't really a seller.  I would move on and try to find another opportunity as opposed to trying to force the sale for my client.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]