What If A Bidding War Breaks Out For the Home During Open House?

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Real Estate Agent with Get Results Team...Just Call (408) 252-8900! CalBRE# 00901962 Lic.1985
https://activerain.com/droplet/4YMw

bidding war imageWhat If A Bidding War Breaks Out For the Home During Open House?

by San Jose Cupertino REALTOR Michelle Carr Crowe

A Seller just posed this question: What If A Bidding War Breaks Out For the Home During Open House?
 
 A Bidding War Rarely Breaks Out during an open house unless a house is priced 30 percent or more below the market price.
For example, when Sellers agree to our "Sold in 5 Days" plan, the asking price will be at least 30 percent below market. This often results in multiple buyers lining up and willing to write down a "bid price" and terms, for example, Zero Contingencies and 30 Days Close, All Cash, right at the open house, even if not on a formal Residential Purchase Agreement form.
Thanks for reading "What If A Bidding War Breaks Out For the Home During Open House?"
 
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Aloha & God bless you,

Michelle

Michelle Carr Crowe, Cal BRE #00901962
Real Estate Consultant, Coach, Trainer
Keller Williams Cupertino
P: 408-252-8900
F: 408-850-6911
E: GetResultsTeam@gmail.com
19400 Stevens Creek, #200
Cupertino, CA 95014
www.MichelleJudyCarr.com

Michelle C. Carr-Crowe, Cal BRE #00901962, and the Get Results Team (established by the late Silicon Valley super agent Judy Carr) are known as the "Lynbrook and Cupertino Schools Experts." Coaching clients to success is Michelle's passion, making her a creative catalyst for positive change in people's lives. She is a Silicon Valley-based multi-million dollar real estate consultant, coach and trainer who works by referral only.

Her designations include: Accredited Buyers Representative (ABR), Accredited Consultant of Real Estate (ACRE), Accredited Luxury Home Specialist (ALHS), Accredited Staging Professional (ASP), Certified Distressed Property Expert (CDPE),  Property Marketing Expert (PME), Real Estate CyberSpace Specialist (RECS), and Senior Real Estate Specialist (SRES). Michelle is in the process of obtaining her Global Property Specialist and Certified International Property Specialist designations. In addition, she is an internationally-published freelance writer with over 1,000 traditional articles in print and online, as well as over 65,000 blog posts on Blogger, ActiveRain, Examiner, FaceBook, Realtor, Trulia, RealBird and others. She enjoys reading, traveling, animals, nature, family, dancing, staging, consulting, coaching and praying. Check out her blog at www.activerain.com/results or visit her online at www.michellejudycarr.com or www.lynbrookhighhomes.com. For RE$ult$ ... Just Call ... (408) 252-8900.

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California Santa Clara County San Jose
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San Jose Real Estate
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Cupertino Real Estate
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what if a bidding war breaks out for the home during open house

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