Legal Insights

Legal Protections for Home Buyers in Competitive Bidding Wars

Legal Protections for Home Buyers in Competitive Bidding Wars

Real estate bidding wars feel like a sprint with no rules. Someone is always willing to go higher, waive more contingencies, or close faster. But in Rhode Island, Massachusetts, and Connecticut, the law does set some ground rules for how sellers, agents, and developers must behave, even when a property has a dozen offers on the table.