How can I avoid a bidding war when buying a home?

There are a few strategies that will enable you to buy a home without getting into a bidding war. The simplest strategy is for a buyers’ REALTOR® to find out if there are other offers being presented for a particular home. If there are competing offers, the buyers who do not want to compete will simply look for a different home.
Typically the bidding war occurs on the first day homeowners are accepting offers. If the home doesn’t sell on that day, there is an opportunity to negotiate on a one to one basis. Some people who wish to avoid bidding wars only look at homes that are still on the market after the initial date set for viewing offers.

There are some types of homes that do not usually involve multiple offers and bidding wars. Your REALTOR® can identify these types of homes for you.

For helpful tips, please visit  JeffStern.com and FreeWinnipegHomeInfo.com or contact me at 204-946-5333 or BloggerHelp@jeffstern.com