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Monday, April 18, 2016

Three Ways to Win a Bidding War

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Today, I’ll discuss multiple offers in the Bucks County and Montgomery County housing markets. In today’s climate, sometimes, you’ll find yourself in a situation with more than four offers on your dream home. Here are three strategies to win these bidding wars.

1. Personalize the experience for the seller. We have buyers writing letters, which mention what they like most about the property and what attracted them to it over others. They’ve included photos of their family. This helps the seller see a real face behind an offer.

2. Offer terms that appeal to the seller. Ask your agent to reach out to the listing agent and inquire about what the seller is looking for specifically. This could be an ideal settlement date if you have flexibility. A strong earnest deposit and taking care of inspections quickly will also make your offer more desirable.

3. Use creative pricing strategies. For years, we’ve used unique ways to win over sellers with offers. I’d be happy to speak to you personally about them!

If you’re thinking about buying or selling a home, give me a call or send me an email! I’d be happy to help you.

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