Bidding War Offers

What should we offer in a bidding war? How do we know the right amount?

There is no science to winning out in a bidding war. However, there is a great deal of art involved. Overwhelmingly, our buyers tend to win out in bidding wars – and not necessarily as a result of paying the most amount for the property. Instead, the terms that we are negotiating in the purchase offer, as well as pre-existing relationships with other brokers, helps to give us the edge. Here are a couple of our most effective strategies…

 

This post was provided courtesy of the Mark Siwiec Team.  Please click here to read the rest of the article on Mark’s blog.

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