Navigating a Bidding War as a Buyer in Brookline

Navigating a Bidding War as a Buyer in Brookline

Even in a higher-rate market, Brookline remains ultra-competitive. If you find yourself in a multi-offer situation, price is only one part of the equation.

Winning Strategies

The 'Clean' Offer: Minimize contingencies. With the new 2024 MA inspection laws, you have protections-use them wisely but don't over-complicate the contract. Appraisal Gap Coverage: If you have the cash, offering to cover a portion of a low appraisal can be the 'tie-breaker' for a seller. Escalation Clauses*: Automatically increase your bid by a set amount over the next highest offer, up to a limit.

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