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When it comes to real estate transactions, multiple offers can be both exciting and overwhelming. In this article, we will provide you with a comprehensive understanding of multiple offers, including how they work, what to expect, and how to navigate the process.

What are Multiple Offers?

Multiple offers occur when two or more buyers submit offers on a property within a short period. In most cases, the seller or their representative will review all the offers and choose the best one that meets their needs. However, in some cases, the seller may choose to accept the highest offer or counteroffer one or more buyers.

How to Prepare for Multiple Offers

If you are a buyer it is important to prepare for the possibility of multiple offers. This…

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