Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record
Redfin
JULY 30, 2020
Buyers who make these so-called blind bids don’t always stick to agreed-upon timelines, and may submit sky-high offers just to throw their hats in the ring before ultimately backing out, Redfin agents say. Some sellers in Los Angeles are refusing to consider blind offers all together, according to Katz.
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