10/20/2021
Writing multiple offers at the same time? Make sure you consider the risks. 😬
🏡Buyers are finding it very difficult to have their offer accepted without someone else coming along with a better offer, causing buyers to write offers on multiple properties at the same time.
🏡The biggest risk you may face in this situation is losing your deposit, where there are other risks such as not being taken seriously by sellers, it isn’t ethical practice, and you may rush into a deal you are not comfortable with.
🏡When waiting to hear back from an offer, tell your agent that you need an answer from the seller today, and if you don’t hear back you will place an offer on another property the next day. This simple method eliminates the waiting game and shows the seller that you are serious.