- Homebuyers are increasingly making offers on multiple properties at the same time, according to Redfin.
- The tactic may or may not make sense for buyers, depending on the market and whom you ask.
The bidding wars convulsing many real estate markets are reportedly driving more homebuyers to adopt a somewhat cynical tactic: making offers on multiple homes at once. Is the tactic kosher? Some agents shake their heads vigorously, condemning the practice as unethical and counterproductive.