Underpricing Strategy Drives Bidding Wars in Real Estate Market

📆 02-04-24 23:29:00
📰 storeyspub

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Real Estate Nouvelles

Underpricing,Bidding Wars,Real Estate Market

Many real estate agents are using underpricing as a strategy to incite bidding wars and drive up prices in the market.

Over the past couple of months, pent-up demand is now materializing into serious buyers and sellers. Many of these listings are arguably (and purposefully) underpriced as a tactic to incite a bidding war.

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