We went to look at an apartment with my wife recently. She liked the place, but for me its really seemed like it could use a facelift, and I told her to offer less. The agent then told us that owner already has an offer for full price, and unless we give $3000 of a deposit and a written offer she is accepting the full price offer she supposedly has. So fast forward, another remax agent calls for an apartment that we looked at a while ago, to see if we still wanted it, I said no, but there was one that we looked recently and explained whole thing.
To my surprise agent goes: 'oh give me $1500 with written offer and I will talk to the owner'. So is REMAX is big scam? What types of protections are there? If I do give me $$$ and owner accepts higher offer what are my chances of ever seeing that money?