Tony MontalbanoBack and Forth: Best and Highest Offer is a real estate negotiation strategy wherein the buyer and seller exchange offers and counteroffers until they reach an agreement. The buyer typically starts by making an offer below the asking price, and the seller responds with a counteroffer that is higher than their original asking price. The two parties then go back and forth, gradually narrowing the gap between their respective offers until they reach a mutually acceptable price. This strategy is often used in competitive markets where there are multiple buyers interested in the same property.
There are several benefits to using the Tony MontalbanoBack and Forth: Best and Highest Offer strategy. First, it allows both the buyer and seller to get a better sense of the market value of the property. Second, it helps to build rapport between the two parties, which can make the negotiation process more enjoyable and less stressful. Third, it can help to avoid misunderstandings and conflict, as both parties have a clear understanding of the other’s position.