> After that the seller's agent is pretty much in the dark for the rest of the process, the way I understand it. It is possible that a seller's agent could fai

> After that the seller's agent is pretty much in the dark for the rest of the process, the way I understand it. It is possible that a seller's agent could fail to recognize a huge mispricing of the accepted offer, and if that is the case you are absolutely right. However: The seller's agent failed to recognize a huge mispricing?! And lost all of those commission dollars (3-6% depending)? Totally suspicious. At best the broker is incompetent, at worst, corrupt. BTW: During the previous housing bubble, several folks worried about "pocket listing', which could be a technique for pulling this off: https://en.wikipedia.org/wiki/Pocket_listing https://en.wikipedia.org/wiki/Pocket_listing