Oops, it looks like you’re using a web browser our site no longer supports. For the best viewing experience, please use one of the following:
Google Chrome, Microsoft Edge, Apple Safari or Mozilla Firefox.
Log in

Not registered? Create an account
Already have an account? Log In

Commitment issues: How apartment buyers are playing the field with multiple bids

Brick Underground // Apr 24, 2018

Another broker says this strategy is the result of how deals are done in New York.
“Deals are never binding. Until after due diligence, there’s is really no way to force a seller to take your offer over another or for a buyer to move forward on an accepted offer vs. taking another home elsewhere,” says John Harrison, a broker at CORE.

As a result, he says, sellers are parked on their listings, waiting for multiple offers to come in.


Click here to read the full article on brickunderground.com.

Original Article: Brick Underground