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Should You Submit an EOI in Real Estate? Pros & Cons
An EOI in real estate (Expression of Interest) is a non-binding offer that shows your intent to purchase a property. Submitting an EOI in real estate can give you early access to listings and position you ahead of other buyers. However, it often involves a deposit and doesn’t guarantee the sale, which can be risky if not carefully reviewed. It’s ideal for serious buyers, but understanding the terms before proceeding is crucial.
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