Bidding Wars in Southwest Florida

[Brenda Chambers]

Has anyone noticed customers holding off their offers until others have begun to create a Pricing Bidding war.   Using their Cash buys as leverage!!!

I had one this week with a woman from Chicago, claiming to be a cash buyer and that the money was spread out through different means and that she couldn't access these documents until she returned home.  Against my better judgement I let here Put an offer on the Property which was accepted because her's was the highest and Cash, I made the $5K deposit subject to Accepted Over within 24 hours.   She bailed (Yes Bailed) and the other offers were lost as well #omgfoolish!