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    Navigating Multiple Offer Situations in Boston's Market

    February 5, 2020
    By Maggie Li
    Navigating Multiple Offer Situations in Boston's Market

    Navigating Multiple Offer Situations in Boston's Market

    Boston's real estate market remains competitive in 2020. When multiple buyers are interested in the same property, having a strategy is critical.

    Offer Strategy

    • Submit a strong offer from the start
    • Consider escalation clauses
    • Use a strong earnest money deposit and flexible closing terms

    Buyer Tips

    • Secure pre-approval
    • Understand recent comparable sales
    • Avoid overbidding beyond what the property is worth

    Seller Perspective

    • Multiple offers create leverage
    • Transparent communication helps select the best offer
    The key to success is preparation and clear guidance from your agent.

    FAQs

    Should I bid above asking price? Only if it aligns with your budget and market comps.

    Do escalation clauses always help? They can, but terms and timing matter.

    Strategic offers, not emotional ones, win bidding wars.