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Updated over 7 years ago on . Most recent reply

User Stats

141
Posts
100
Votes
Joanne Tsai
  • Investor
  • Millburn, NJ
100
Votes |
141
Posts

how to avoid getting into a bidding war

Joanne Tsai
  • Investor
  • Millburn, NJ
Posted

Hi all, 

how to avoid getting into a bidding war? are there tips the users here can provide?

There have been a few incidence where we and seller has agreed on the price and term, but other much more aggressive offers come in. 

After all, the numbers have to make sense and we are usually not emotional about it, but are there anything that we can bind the sellers before attorney review is over?

Thanks!

Joanne

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