Whether you’ve seen comments made on social media or have talked with a nervous buyer, you’ve probably seen statements such as “I won’t be drawn into a bidding war.”
A key feature for both a prospective buyer receiving a multiple counter offer and for the seller sending out multiple counter offers is that each buyer can be given a counter offer that addresses the biggest problems the seller has with each initial offer. For instance, your offered price may have been good enough but your closing date causes problems for the seller.
As a buyer you shouldn’t give up in frustration. You should talk with your real estate agent and come up with a strategy. Yes, you will be making guesses, but the guesses are in reply to specific problems.
Read more about multiple counter offers at https://julianalee.com/reinfo/multiple-counter-offer.htm