If you need assistance, please call 707-486-5400

Solari Group Real Estate News Blog

Tuesday, April 29, 2014   /   by Nicole Solari

How to Win a Bidding War

All-cash sales comprised 33 percent of transactions in March, and with sellers reviewing multiple offers how can you stand out?  Here are some quick tips to help you win in today's bidding battles.


 


Bidding Tips


 



Make an offer quickly, the first day the property is on the market is best.  
Be open to programs like Docusign which can streamline the paperwork process.
Bid like you mean it!  Lowball offers are of another era, lowball a seller today and you might get nothing in response but a laugh.
It's not all about the price.  There is so much more to an offer than just the price - lots of terms, times, down payments, option monies, earnest money, favorite title companies, leasebacks, deposits, and so much more. 
Realize you may have to bid over the asking price in certain areas.
A Competitve Market Analysis might not show you the whole picture.  Basing your offer on homes that sold 6 months ago will get you nowhere ...

Read More

Level Up Realty
Nicole Solari
490 Chadbourne Road, Suite A123
Fairfield, CA 94534
707-486-5400
DRE# 02014153

IDX Content is provided via the Internet for consumers’ personal, non-commercial use. Variable Price’ indicates the seller is willing to entertain offers within a Listing Price Range. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. IDX provided by Commissions Inc. Data last updated:October 4, 2022
This site powered by CINC: www.cincpro.com