Best and final rounds are one of the trickiest situations a buyer can encounter. As the name suggests, it's when the seller asks you to present your best and final offer. This is almost always used when there are multiple offers and the seller is trying to pick one as easily and fairly as possible. Two questions always come up when our buyers face best and final rounds: what matters other than price and what should they offer. Regarding what matters other than price, obviously price is number one, but there's an added premium for certainty in best and final rounds. The seller wants to make sure that whichever buyer they pick will actually close on the apartment. So if you have a financing contingency, that's a big disadvantage in a best and final round. And for price we always recommend coming up with an offer you're comfortable both winning and losing with. You don't want to come in too low and then kick yourself for coming up short, and you don't want to go too high and feel like the sucker who overpaid. It's easier said than done to strike this balance, but if you can basically be indifferent to the outcome of the best and final round, that's ideal. Most best and final rounds go over the asking price. It's a low asking price that generated so much interest and got so many offers on the table in the first place. So when you're faced with the best and final round, every dollar matters and a great way to enhance your buying power is to get a commission rebate. And Yoreevo can get you one for up to 2% of the purchase price on any property in New York City. If you need help navigating a best and final round or would just like to learn more about our commission rebates, you can reach out to me directly at james@yoreevo.com. Thanks for watching and looking forward to hearing from you.