| A shortage of houses in the first-home buyers' market over winter has caused a rise in multi-offer agreements, confusing those new to the real estate game. Multi-offer agreements are when more than one written offer is received for a property at one time, turning a sale by negotiation into a sale by tender.
Real estate agents are warning first-home buyers to be aware of the rules of multi-offer agreements so they don't miss out when making an offer.............................................Full Article: Source
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