In our current Miami Beach real estate market, when a good property comes on the market priced well, bidding wars ensue. Often the sellers’ agents tell us or sometimes it’s even written in an detailed offer sheet on our MLS, “Tell your buyers to make their highest and best offer.” Sometimes our buyers think this can mean to make an offer and then the seller will come back and counter with all of the buyers, unfortunately, this is often not the case. In our experience the seller usually picks the highest and best offer out of all of the offers and starts from that one buyer. In the video below, Jamey and Ognjen talk more about what this means.
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Copyright © By Jamey Prezzi 2013 * All Rights Reserved*Miami Beach Real Estate Tips for Making an Offer