A field guide to handling multiple offers

Here's a how-to-guide for buyers and sellers trying to navigate a competitive bid situation

July 11, 2014 at 5:22PM
(The Minnesota Star Tribune)

You've all heard the stories about the house down the buyers who were outbidding one another for the house down the street, what would you do if you found yourself in the same situation? The National Association of Realtors prepared a guidebook for agents that explains the practical and ethical issues surrounding multiple-offer transactions, but there's plenty of good information for buyers and sellers, as well.

This chart was prepared by the California Association of Realtors using multiple-offer data for that state only.
This chart was prepared by the California Association of Realtors using multiple-offer data for that state only. (The Minnesota Star Tribune)
about the writer

about the writer

buchtjd

More from Minnesota Star Tribune

See More
card image
Provided/Sahan Journal

Family members and a lawyer say they have been blocked from access to the bedside of Bonfilia Sanchez Dominguez, while her husband was detained and shipped to Texas within 24 hours.

card image