Reply to Bidding on House with Multiple Offers?

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[quote=Anonymous][quote=Anonymous]OP here. We got the house!!! Thanks everyone for all the advice.

I have a feeling that we've been shopping in a less moneyed area than where many PPs are, so while many people said it was important to come in with more cash, we came in with standard 80/20 (which is even a little bit of a stretch for us) but we didn't ask for help closing, and the agent said other offers wanted help with closing. We offered 5k above asking price just to show that we were serious, hoping it would increase the likelihood that they would come back to us if someone else bid higher. We wrote a letter to the sellers explaining why we love the house and what we plan to do there (raise a family), including a couple pictures of us and our baby. [b]We went directly through the selling agent, thinking that she would look favorably on us because selling to us meant more commission for her[/b]. And finally, we were very flexible on closing and didn't need a contingency for selling our current home because we are renting and can move whenever.

Thanks again![/quote]

There you have it ... the quintessential real estate conflict of interest ... but congrats to you for using it to your advantage![/quote]

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