{ "media_type": "text", "post_content": "Question to home buyers in NYC, I’m bidding for a condo at price tag of 1.2M, need to beat another offer at 1.16M, would 10K (increase to 1.17M) a reasonable incremental? Or too less?", "post_id": "630bf8547eda090025b9570b", "reply_count": 6, "vote_count": 1, "bowl_id": "5aa3ebca6a56fa0013ec82de", "bowl_name": "New York City", "feed_type": "bowl" }

Question to home buyers in NYC, I’m bidding for a condo at price tag of 1.2M, need to beat another offer at 1.16M, would 10K (increase to 1.17M) a reasonable incremental? Or too less?

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No comment on the amount of your bid, but consider bidding an odd lot size (13k higher rather than 10k) in order to avoid the common price points others bid at

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Why do you know the other bid? $1m even and wait till the other offer falls through. It’s your market.

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Lmao! No, you’re gonna have to put 30k plus to sweeten that counter

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That’s not going to mean a damn thing lol. It’s all going to come down to the terms. Are you putting more cash down than him ?

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Probably more than that, or put down a bigger down payment

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