Multiple bidding is occurring with increasing frequency especially for entry level homes and well priced properties under $2M. As competition heats up, it’s worthwhile to review four competitive bidding tips.
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value of a real estate professional
It’s not easy being a buyer in the current real estate climate where sellers have the clear advantage. Today’s market pace is fast, and competitive bidding is furious: there simply isn’t enough product to meet buyer demand. Within days, a listed property has an accepted offer over the asking price with multiple back-ups. What’s a buyer to do in this tight market?