• Skip to main navigation
  • Skip to content
  • Skip to primary sidebar
  • Skip to footer

Quick Search

Search by Map

New Property Alerts

Free Home Value

Talk To Randelle Right Now!

Have a question? Give me a call at 213-254-7626, or you can click my photo for more options to call or email and I will contact you right away.

Trending Searches

  • Newest Downtown LA Lofts
  • All Downtown LA Lofts
  • The Financial District Lofts
  • The Fashion District Lofts
  • South Park Lofts
  • City West Lofts
  • Bunker Hill Lofts
  • Little Tokyo Lofts
  • The Historic Core Lofts
  • The Arts District Lofts
  • Barker Block Lofts for Sale
  • Barker Block Lofts for Lease
  • Barker Block Warehouse One for Sale
  • Biscuit Company Lofts for Sale
  • Biscuit Company Lofts for Lease
  • 1100 Wilshire Lofts for Sale
  • Barker Block Warehouse One for Lease
  • Toy Factory Lofts for Sale
  • 940 E 2nd Street Lofts for Lease

The RandelleGreen GroupThe RandelleGreen Group

Downtown Los Angeles Lofts

  • Home
  • Search
    • Advanced Search
    • Address Search
    • Map Search
    • Listing ID Search
    • Hot Property Alerts
    • My Account
  • Districts
    • The Arts District
    • The Historic Core
    • Little Tokyo
    • South Park
    • Bunker Hill
    • City West
    • The Fashion District
    • The Financial District
  • All Lofts/Condos
    • Luxury Apartments
    • All DTLA Lofts
  • Buying
    • Get Started
    • Mortgage Calculator
    • Buyer Tips & Tools
  • Selling
    • What’s Your Home Worth
    • Selling with Broker Randelle Green
    • Marketing Your Loft or Condo
    • Seller Tips & Tools
    • Sold Properties
  • About
    • About Randelle Green
    • What Our Clients Say
    • Contact
  • Blog
SearchClose

What is a Bidding War on a DTLA Condo?

What is a Bidding War on a DTLA Condo

If you’re like many people who want to buy a condo in Downtown LA, be prepared: When the market is hot, you might find yourself in the middle of a bidding war.

So what does that mean – and how will it affect you?

What is a Bidding War on a DTLA Condo?

A bidding war happens when multiple people make an offer on a condo. The seller can pick which offer he or she wants to accept, which means the buyers are in the position to bid higher in an attempt to win.

If you and three other people all put in very similar offers on a $450,000 condo in DTLA, your agent will let you know – and you have the option of raising your offer. You might want to do it incrementally, or you might have the “go big or go home” attitude. Either way, it’s up to you whether you want to sweeten the deal for the seller.

Your agent will give you guidance, though – don’t add another $100,000 to your purchase offer without checking with your REALTOR(R) first, because in the vast majority of cases, that’s going to be overkill.

Are You Buying a Loft or Condo  for Sale in DTLA?

Call us at 213-254-7626 or get in touch with us online to start exploring your options when you want to buy a loft or condo in downtown Los Angeles.

While you’re here, check out our:

  • DTLA Arts District lofts for sale
  • Historic Core lofts for sale
  • DTLA Little Tokyo lofts for sale
  • Bunker Hill lofts for sale
  • City West lofts for sale
  • South Park lofts for sale
  • Fashion District lofts for sale
  • Financial District lofts for sale

 

Posted in: Blog, Buyers Tagged: Bidding War, Buying a Condo, Buying a Loft

Search Smarter!

Did you know the hottest Downtown Los Angeles Lofts often sell within days of being listed? Don’t miss out! Set up your own custom property alert so you can be notified of the newest homes as they hit the market! Simply click the button below and choose the qualities that you want most in a home and save your search to start getting alerts today!

New Property Alerts

As a local Downtown LA Real Estate Agent I also have access to homes before they hit the market and can show you more homes and information that are only accessible in the MLS. If you would like to set up a time to go over your real estate needs, please free to contact me at your convenience. There is no obligation and or pressure… I hope to hear from you!

Post navigation

« Differences Between Real Estate Agents, Brokers and REALTORS®
Home Safety Checklist: What to Look for During Your Final Walk-Through »

Talk To Randelle Right Now!

Randelle Green
Have a question? Give me a call at 213-254-7626, or you can click my photo for more options to call or email and I will contact you right away.

Connect with The RandelleGreen Group:

Featured Post

Denver, Co Suburbs: 5+4 (3834sf) Pool Property (Just $899k)

ONE OF A KIND STUNNER IN A SECLUDED SUB AREA OF PINEY CREEK* EASE OF ENTERTAINING INDOOR/OUTOOR WITH ALL THIS PROPERTIES AMAZING UPGRADES! *BACKING TO A TREE LINED STREET WITH A NEIGHBOR ON ONLY ONE SIDE*ENTER THROUGH A LOVELY FRONT FOYER THAT LEADS T0 A CURVED IRON AND WOOD STAIRCASE CULMINATING IN A BRIDGE OVERLOOKING […]

Contact Randelle Green

Downtown LA Lofts & Condos

213-254-7626
green@therandellegreengroup.com

Follow Us

The RandelleGreen Group

Downtown LA Lofts and Condos

213-254-7626
green@therandellegreengroup.com

Downtown LA Lofts & Condos
Los Angeles, Ca 90015

AREAS WE COVER:

Arts District, Historic Core, Little Tokyo, Bunker Hill, City West, South Park, The Fashion District, The Financial District, Newest Downtown Los Angeles Lofts & Condos, All Downtown Los Angeles Lofts & Condos

Connect with The RandelleGreen Group

© 2023 · The RandelleGreen Group · Randelle Green · 213-254-7626 · Privacy Policy · Terms of Service · Sitemap · IDX Sitemap · IDX XML Sitemap

Disclaimer - All Rights Reserved by TheRandelleGreenGroup.com

Log in · Real Estate Websites Logo | Downtown LA Lofts & Condos