I normally HATE games in real estate. It just makes everything so much more complicated in an already complicated process. But sometimes, we do have to play, especially in a very competitive market. Particularly for single family homes right now. What a crazy past 18 mos, who knew real estate would be over 25% above 2019 prices on average? Pandemic pricing.
Right now the ONLY way to win the housing bidding wars is to:
1. Pay more than any other bidder
2. Have the best terms (short escrow, all cash if possible)
3. Negotiate once you're in escrow (Hate this one, but it does work)
4. Get it before it hits the market (I personally love these, and lots of my buyer clients have had no competition because of this. The key is to be ready to bid ON THE SPOT if you like it).
