Making Multiple Offers? Our Realtor.com Take
Realtor.com’s June 5th piece tackles a tricky buyer strategy: should you fire off bids on more than one property at the same time? With inventory still tight and competition fierce, some house-hunters think doubling up boosts their odds—but the article unpacks the legal, ethical, and financial land mines that can detonate that plan.
“I’ve never advised a client to submit two competing offers—you risk losing credibility and earnest money if both get accepted.”
— Rachel Fiegler, Co-Founder, Pinpointe Group
Why We Said It
Our job is to protect clients from self-inflicted wounds. A scatter-shot offer approach can brand you as indecisive, spook sellers, and saddle you with two binding contracts. In NYC, where deposits hit 10 % and attorneys move fast, that’s a five-figure mistake.
Pinpointe POV
Want to stand out? Lead with strength, not volume: iron-clad pre-approval, realistic contingencies, and a clear closing timeline beat “spray and pray” every time. If you truly love two apartments, choose one and negotiate hard—don’t gamble on both.
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