Can You Put Offers on Multiple Houses?

Key takeaways: 

• You can legally submit offers on multiple homes
• Once an offer is accepted, it becomes a legally binding contract
• Use offer contingencies and time your submissions
• Submitting multiple offers can be a helpful strategy in competitive markets 

Yes, you can put in offers on multiple houses, but it’s important to understand how this strategy works and whether it’s a smart move for your situation.

 In a competitive market where homes sell quickly, buyers often consider making several offers to boost their chances. However, it also comes with legal and ethical responsibilities, plus financial risks you should understand.

Whether you’re a first-time home buyer looking to buy a home in Chicago, IL or a house in Sedona, AZ, here’s what to know before taking that leap.

Is it legal to make offers on multiple homes?

Yes, it’s legal but there’s a catch. When you submit a purchase offer, it’s more than a casual expression of interest. It’s a binding contract if the seller accepts it. That means if two of your offers get accepted at the same time, you could be on the hook to buy two homes… something that’s usually far from ideal.

So while it’s not against the rules, it can be risky especially if you’re not prepared to follow through.

Why some buyers consider it

In fast-moving markets where bidding wars are the norm, making multiple offers might feel like a way to stay competitive. Maybe you’ve already lost out on a few homes. Maybe it’s a seller’s market and inventory is tight. In that case, putting in more than one offer can feel like playing the odds and you increase your chances of landing something. But before using this approach, make sure you fully understand the risks.

>>Read: Is It a Buyer’s Market or Seller’s Market?

Getting more than one “Yes”

If two sellers say yes, you now have two legally accepted contracts. Walking away from one could cost you your earnest money deposit (typically 1%–3% of the home price), and in some cases, you could even be sued for breach of contract.

To protect yourself, work closely with your real estate agent to include appropriate contingencies and timing strategies so you’re not caught in a bind.

How to safely navigate multiple offers

If you’re seriously considering this approach, here are a few ways to do it more strategically:

1. Use contingencies wisely

Add contingencies that give you an “out” if needed. For example, a home sale contingency or financing contingency can create legal room to back out without penalty.

2. Stagger offer deadlines

Ask your agent to coordinate the timing of your offers so they don’t all get reviewed or accepted at once. That way, if one gets accepted, you can withdraw the others in time.

3. Submit separate earnest money deposits for each offer

Make a separate earnest money deposit for each offer. Each one goes into escrow and shows you’re serious about buying that specific home. Be sure you have enough funds to cover all deposits—if more than one offer gets accepted, you could risk losing multiple deposits. 

4. Be respectful of sellers

If you’re making multiple offers, notify the others and withdraw your remaining offers immediately once one is accepted. 

5. Be transparent with your agent

Your real estate agent needs to know exactly what you’re doing so they can help protect you from legal or financial fallout. They might also advise you when it’s smarter to pull back.

Can you make an offer without committing?

Technically, an offer is only binding once it’s accepted by the seller and signed by both parties. But casually submitting offers with no intention to follow through is frowned upon and could damage your reputation or your agent’s.

If you’re not ready to commit, it’s better to keep things at the inquiry or showing stage until you’re sure.

When multiple offers might make sense

Making multiple offers may be worth considering when:

• You’re facing bidding wars on every home you like
• You’re relocating on a tight deadline
• You have backup plans and financing in place
• You’re working with a strong, experienced agent

Even then, you’ll need a thoughtful strategy to avoid financial or legal consequences.

>>Read: How to Make an Offer on a House in 5 Steps

When it is better to stick to one offer at a time

This strategy may not be a good fit if:

• You’re relying on one mortgage approval for all offers
• You can’t afford to lose earnest money
• You don’t want to risk juggling multiple accepted contracts
• You’re buying in a slower market with less urgency

In most cases, putting in one well-timed, competitive offer is still the safer path.

Alternatives to multiple offers

If the idea of juggling multiple offers feels too risky or stressful, there are other strategies you can use to stay competitive without stretching yourself too thin. These alternatives can help you secure a home while avoiding the legal and financial complications that come with multiple active offers.

Make a Stronger Single Offer

Instead of spreading your efforts across several homes, focus on submitting one offer that truly stands out. Consider offering above asking price if the market supports it, increasing your earnest money deposit, or being flexible with the seller’s preferred timeline. These moves can make your offer more appealing without adding extra risk.

Get Pre-Underwritten for a Mortgage

Pre-approval is helpful, but pre-underwriting takes things a step further. This shows sellers you are serious and financially ready, which can make your offer more attractive compared to others.

Focus on Less Competitive Homes

Not every home receives multiple offers. By widening your search to include properties that have been on the market a bit longer or homes that may need minor updates, you could avoid bidding wars altogether and secure a home with less pressure.

Work with an Experienced Agent

The right agent can help you craft a competitive offer, negotiate favorable terms, and spot opportunities you might miss on your own. Their expertise can make a single offer go much further.

Can you put offers on multiple houses? Yes, should you? It depends.

Yes, you can put offers on multiple houses but it’s not something to do lightly. The decision should be based on your local housing market, your risk tolerance, and how well your agent can help manage the moving pieces. If you’re strategic and cautious, it might just help you get the home you want but go in with eyes wide open.

FAQs: Putting offers on multiple houses

Can I back out of an offer if another home I prefer gets accepted?

Only if your offer includes the right contingencies. Otherwise, walking away from an accepted contract could cost you your earnest money or even result in legal consequences.

Do sellers know if I have made other offers?

Sellers typically will not know unless your agent discloses that information. Most buyers and agents keep that private, but honesty with your own agent is critical.

Will submitting multiple offers hurt my chances with sellers?

It depends on how you and your agent approach it. If the process is not managed carefully, it can create a poor impression. However, if timed right and communicated well, it may not be an issue.

Can first-time buyers use this strategy?

Yes, but it is best approached with guidance. First-time buyers should rely heavily on their agent’s advice and ensure they are financially and emotionally prepared for all possible outcomes.

What happens if none of my offers are accepted?

It can be disappointing, but it is part of the process in competitive markets. Take each experience as a learning opportunity, and keep refining your approach with your agent.

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