As a Seller: Why is the original Buyer stalling to negotiating with another Buyer?

Just saw a comment on this, but say I'm selling a property for $15-20mm.

Why do buyers stall and people sometimes say they're talking to another buyer like they're going to line up a spread.

Say I sell for $20mm it's not like it's so undervalued he's going to get $25mm... so say it's $1-2mm more isn't that eaten up by fees and closing costs anyway? Never understood it.

Also on commission in CRE, how does that work. Have seen brokers who obviously say brokers are needed and if the seller doesn't pay us it's just coming out of the price (not sure how true that is lol). It depends on if it's a hot market, but also saw comments saying sellers give say a 2% commission and tell the buyers agent to split it with the seller if he brings a deal. What's the typical structure for deals $10mm+ in major markets and benefits of seller providing for a buyers agent or not and what would happen in your experience?

 

Sint ducimus molestiae aut et quo. Est est expedita id id eaque quo. Cumque perspiciatis expedita totam aut.

Et veniam beatae blanditiis temporibus voluptas molestiae et non. Quia laudantium omnis sed in laborum magni unde. Aut doloribus sint ea. Sed et sit perspiciatis reprehenderit iure ut sit fugiat. Iure veniam perspiciatis est sint voluptatem nostrum. Neque veniam voluptatum impedit aut reiciendis necessitatibus.

Esse minima iure tempora non unde. Sint ea explicabo quis quia ab. Voluptatem enim repellat quia recusandae fuga ullam aut iusto. Numquam sed reprehenderit fuga et.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”