Posted by Ed Copp (OH) on September 29, 2003 at 18:53:08:
on a counter offer are not met in a timely manner it would most likely void that offer, but not the listing. If the listing is expired, or expiring the seller can relist at a higher price. It seems to me that cancelling a listing, so that the property could be listed at a higher price would not be prudent. Something like hitting myself on the foot with a baseball bat to see if it hurts. Sounds very much like the seller thinks that this is an auction, which it is not. If they wanted an auction perhaps they should have hired an auctioneer.