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Winning the bidding War - No Contest!
Winning the bidding War - No Contest! - Debbie Reynolds is offering a contest about hot market strategies and how to win the battle for your buyers. I have a few strategies, but I really like to think outside the box.
Strategy number one, which I did this weekend with a client - We had 10 homes on the list to view last Saturday, price range was between $300-400K in a Denver suburb. This, like most markets was extremely hot, 3 of the homes went under contract while we were on the way to show them. We were now down to 7 and had to make some decisions. I beleive the average days on market is 4 in this area, and only because several agents are playing the "list on Friday showings start Saturday, all offers need to be in by noon on Monday and one will be selected by 5 PM Tuesday" game. The buyer understood the market as we had ventured out the previous two springs and he did not have any luck. He is a straight shooter and does not like playing the auction game.
We found a house he liked, I called the agent and asked what the seller needed, ... more

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