Purchase offer likely to blame for lost bidding war

REThink Real Estate

Q: I am a first-time buyer and I need all the experienced advice I can get. I lost "the perfect" place due to multiple bids. I panicked and made a second offer of more than I could really afford, but I still didn’t get the place.

My broker works hard for me, but I fear that another company has the lion’s share of the listings in the market I’m interested in and suspect that I lost that first property because the other broker pushed the seller toward one of their buyers. I can’t prove it, it’s just a hunch.