Helping Clients to Navigate and Win Bidding Wars - EP221 - Real Facts on Real Estate

In this episode we discuss that oftentimes when working with a client in a bidding war agents worry about the unknown. They worry “what if my clients pay too much” or “what if my clients do not win the bidding war”. Focus on bringing your professional opinion and experience. When helping a client prepare a winning bid make sure to properly explain the value in each and every detail on the contract. Talking with the seller’s agent to get inside info can help you hone in on dates that work best for the sellers. When working to figure out a purchase price make sure to look at all the market data for what has happened locally with other homes. Knowing that information helps but remember EVERY bidding war is different so sharpen your pencil.