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Updated about 4 years ago on . Most recent reply

User Stats

39
Posts
7
Votes
Timothy B. Dunn
  • New to Real Estate
  • Mt. Vernon, IL
7
Votes |
39
Posts

Multiple offer strategies

Timothy B. Dunn
  • New to Real Estate
  • Mt. Vernon, IL
Posted

A few months ago there was a conversation about placing a bid on a property that had multiple offers and the owner asked for everybody’s top offer.

Someone mentioned a strategy where you make an offer with a contingency that you will beat the top offer by 1k up to your top dollar offer. Does anyone know the name of this strategy?

Thank you

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