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Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record

Redfin

Intensifying competition is also contributing to the uptick in sight-unseen offers. Buyers who make these so-called blind bids don’t always stick to agreed-upon timelines, and may submit sky-high offers just to throw their hats in the ring before ultimately backing out, Redfin agents say.