June 05, 2021

How do you win in a multiple bid situation?

Our Jenn Thomas had an awesome feature in the NY Times this week. Here’s a bit from the article:

”Jennifer Thomas, a licensed saleswoman at the Metalios Group in Greenwich, Conn., said that in her market the winning bid is typically 10 to 15 percent over the asking price. But not always. “I’ve had winning bids and we weren’t the highest offer,” she said. “It’s not just about your price, it’s about your terms and conditions.”

There are other ways to sweeten your offer. Ms. Thomas often speaks with listing agents to find out what terms matter most to the seller. Perhaps the seller wants to close a deal quickly. If that’s the case, line up the inspection before your offer is even accepted to show the seller that you’ll move at lightning speed.”

Check out the full article here! https://www.nytimes.com/2021/05/29/realestate/homes-bidding-wars.html

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Our Jenn Thomas quoted in the NY Times

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