Original Reddit post

Hi. Thanks in advance for all the help. We made an offer for a flat we visited and liked. We have now received an email from the property company that there will be a “second round of bidding”, and before which they will tell us the current highest offer. May I ask how does this second round works, and how much “top-up” is considered normal, or too little etc (e.g. 5k, 20k, 50k?)? Also is there more information we can obtain about the process, such as how many offers there are? (or they can withhold it to boost the offers) For the context, our original offer is ~1.3M, the exact asking price of the flat, and it may also be worth adding that we pretty much like that flat, matching almost 100% our criteria. We are also not still close the limit of our affordability threshold. Thanks again! submitted by /u/ihatebeinganonymous

Originally posted by u/ihatebeinganonymous on r/Switzerland