Underpricing Strategy Drives Bidding Wars in Real Estate Market

Real Estate Notícia

Underpricing Strategy Drives Bidding Wars in Real Estate Market
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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