The Battle Of Multiple Offers

Published 01 May 07 03:16 PM | Peter Mericka 

Tim O'Dwyer M.A., LL.B OPINION
by Tim O'Dwyer M.A., LL.B
Solicitor
Consumer Advocate
watchdog@argonautlegal.com.au

Real Estate Encyclopedia


Multiple offers can lead to high blood-pressure!

 

My blood pressure rose a tad when I read a purportedly helpful article in The Courier Mail’s weekend real estate supplement.I still don’t know if the piece was intended to be helpful to consumers or agents. Certainly the very caption ("Good advice for buyers") made me suspicious straight away.

The un-bylined article began by asserting that, with demand for South-East Queensland homes apparently outstripping supply, multiple offers to sellers (or early offers in an “auction program”) had become a “problem for some would-be buyers.”

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Comments

# Australian Real Estate Blog said on May 26, 2009 6:59 AM:

OPINION by Tim O'Dwyer M.A., LL.B Solicitor Consumer Advocate watchdog@argonautlegal.com.au Some agents

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