What is a Relative Bid in Real Estate?

By |October 24th, 2013|

Relative Bid Offers–Safe or Insane?

Among other tactics used in multiple offer situations, is the use of relative bids, also referred to with somewhat of a negative connotation as “Sharp Bids”. This tactic is sometimes employed in purchase agreements for real estate when competing buyers are vying for a property.

Here’s how a relative bid might work. A […]

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