Date Archives: May 31st, 2022
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- 2023 | 12 Posts
- March 2023 |
- - Pros and Cons of Adding a Water Feature
- - Take a Spring Walk Around Long Island
- - Caring for Indoor Plants in Your Long Island Home
- - 5 Shops to Add Greenery to Your Long Island Home
- February 2023 |
- - Buying a Home: Should You Buy a Home Warranty?
- - Weddings Month: Where to Get Married on Long Island
- - Before You List: Complete These 5 Tasks
- - 5 Sports Bars to Watch the Big Game in 2023
- January 2023 |
- 2022 | 50 Posts
- 2021 | 26 Posts
- 2020 | 55 Posts
- 2019 | 63 Posts
- 2018 | 28 Posts
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Buyer's Guide to a Bidding War
Bidding wars occur when housing inventory is low in a popular location. It occurs when two or more buyers are interested in the property. As a buyer, it's not advisable to rely solely on the seller's agent when you find yourself in a bidding war; you should have your own home-buying pro. Our real estate agents are ready to negotiate on your behalf to help you navigate this tricky process.
In today's competitive market, houses in all locations and price ranges are receiving multiple offers, and bidding wars are becoming a lot more frequent. Sometimes, a listing can be purposely underpriced to trigger a bidding war. One of the primary reasons longtime home searchers find it difficult to close on a home is because they end up outbid repeatedly.
