With unusually low home inventory levels, many buyers are feeling frustrated and overwhelmed at the prospect of ever getting their ideal home, or have first-hand experience at losing the home of their dreams in a bidding frenzy.
Yet not all homes sell for over their asking price. In fact many sell below. Granted, they may seem far […]
Relative Bid Offers–Safe or Insane?
Among other tactics used in multiple offer situations, is the use of relative bids, also referred to with somewhat of a negative connotation as “Sharp Bids”. This tactic is sometimes employed in purchase agreements for real estate when competing buyers are vying for a property.
Here’s how a relative bid might work. A […]
Multiple Offers and How to Win the War
With increasing bidding wars in real estate, bidding on a home in the Bay Area can be a challenge at best with exceedingly frustrating closer to the norm. It’s reminiscent of the ugly Cabbage Patch Doll fights that broke out in department stores in the early 1980’s where there […]
