The house buying process can be so frustrating. Wouldn’t it be easier if all offers were visible to both parties? As a buyer, you can see what other buyers are willing to pay and how much down payment they are bringing, and see if you’re willing to pay more. I think the seller would benefit from this Ebay-like transparency because it would encourage bidding war and getting the highest price. Buyer’s benefit from having an opportunity to submit additional bids to get their dream house.
