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Posts from June 15th, 2021

Griffith Realty

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June
15

Bidding War

When the real estate market favors sellers, our real estate agents know that it's common for homebuyers to get into a bidding war. A bidding war occurs when two (or more) potential buyers put in offers on a home at the same time.

If one offer includes terms or conditions that are more favorable, the seller can select that offer. However, it's also possible that the buyers will need to revise their offers one or more times until one offers a higher price. Here are some guidelines to follow when you're in a bidding war. 

Click Here to Read More...

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