The ethics of writing multiple offers on multiple properties simultaneously
Welcome back to "Straight Talk with Rick and Meghan" – your go-to podcast for all things real estate in Orange County, California! I'm your host, Meghan Shigo, a seasoned Realtor, and joining me today is Rick Dennis, a reputable loan officer with years of industry experience. In this episode, we delve into a topic that's often debated within the real estate community: the ethics of writing multiple offers on multiple properties simultaneously. In a fast-paced market like Orange County, where demand often outstrips supply, prospective buyers may feel compelled to submit multiple offers in hopes of securing their dream home. However, this strategy raises ethical questions and can lead to unintended consequences for both buyers and sellers alike. Throughout the episode, Rick and I will explore the ethical implications of this practice, considering factors such as fairness, transparency, and the potential impact on other buyers and sellers in the market. We'll also discuss the importance of honest communication between all parties involved and offer insights into alternative strategies for navigating competitive markets without compromising integrity. Whether you're a first-time homebuyer, a seasoned investor, or simply curious about the intricacies of real estate ethics, this episode promises to provide valuable insights and thought-provoking discussions. Tune in to "OC Real Estate Insights" and join Rick and I as we shed light on this timely and important topic. Meghan Shigo, Realtor Century 21 Affiliated DRE 01243803 #meghanshigo #straighttalkwithrickandmeghan #contingencies #lender #realtor #realestate #housing #housingmarket #buyers
