Stuck in a bidding war?: What best and final offers really mean

Property Advice: Don't bid blindly. Learn how to prepare a winning offer

A ‘best and final offers’ process is often used when a property attracts strong interest from multiple buyers.

Hi Majella,

I am interested in buying a property in East Cork. It’s coastal, and I have been bidding for over a week. I’m stuck in a bidding war. The agent informed me that there is lots of interest and that “best and final offers” are to be submitted within the next seven days.