5 Tips to Win That Bidding War with Financing
Here are 5 tips to help any real estate professional in this scenario: Manage Client Expectations. Since you know your local market, you will know when a property is likely to attract multiple offers. Start the process with your customers by informing them of the possibility of a bidding war.
Instead, I’m giving you my tips to help you succeed in winning bidding wars once you’ve attended to the basics. Rule #1 for how to win bidding wars: Don’t bid unless you can win Bidding wars serve the seller and the sellers’ agent to drive the final sales price up.
Taylor Greer of Carlile Properties answers gives 5 tips for new home buyers on how to win a bidding war. Carlile Properties is an independent "boutique" brokerage specializing in residential real.
If you find yourself in a bidding war, you can still come out victorious. Here are 9 strategies that can help you win a bidding war: Tip 1. If you can afford it, pay cash. "It’s clich, but cash is king," says Trenton Hogg, a real estate agent in the Denver area. In that region, three-quarters of home sales wind up in bidding wars.
Home Personal Finance Real Estate and Housing 5 Negotiation Tricks That’ll Win a home bidding war 5 negotiation tricks That’ll Win a Home Bidding War By Dan Rafter on 28 September.
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Here Are 15 Ways to Win Home Bidding Wars. Prepare to offer more than they are asking. Make your offer a couple thousand more above the asking price. If it’s a very competitive area the house is listed for instance at $500,000, offer something precise like $527,000 instead of $525,000. "It makes a difference," she says.
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Revival of the home-bidding war. The bidding war for a home is not extinct. Bidding wars are cropping up in some parts of the country. While it’s a far cry from the heady days of the real estate.
5 Tips for Winning a House Bidding War.. Financing or inspection contingencies can make sellers nervous about potential delays, so avoid these conditions if you can. In some states, you may be entitled to an inspection even without this contingency. In Georgia, for instance, buyers have a.
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