How I won a bidding war for a home without making the highest offer - Business Insider

for the cities where homes sell quickest. While homes in New York City, Miami, and Atlanta used to go the fastest, those cities have been replaced by Columbus, Ohio; Kansas City, Missouri; and, of course, Cincinnati, in the past few months.

Later that evening, I found out I'd actually won ... but hadn't submitted the highest bid. My bid was actually about $7,500 lower than the highest. Now, we have a closing date on the calendar and I'm ready for this house to be mine. I'd won the bidding war without offering the most money, and the sellers told my agent that there were two main reasons why.

They hadn't heard as much from the other agents as they did from mine. My real estate agent's efforts paid off, and in the sellers' minds, may have put me ahead of the competition. Selling a house is an emotional thing. It was clear that the seller loved the house and yard. He wanted someone who would feel the same way. I've never sold a house, but I'm sure it makes moving on easier if you know the next person will love it the way you do.

3 years ago, I lost over 10 bidding wars to higher offers. I wrote personal letters and was offering $10-20K over asking. What finally worked: I found a home on zillow and worked directly to the seller’s broker. Finally got an offer accepted and love my home 🏡

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Meghan Markle and Prince Harry's new life in Los Angeles - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Harry has rejected the traditional role of Court Buffoon which the courtiers and press have forced onto “spares” in the past. William will have to earn his respect without a manufactured “foil”. And who cares? We're so beyond, 'lifestyles of the rich and kinda famous.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Unemployed during coronavirus pandemic: Business Insider survey - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Well Good Evening, check me out then Work at a university. So yup. Unemployed. And they are clueless how to reopen so far.
Source: BusinessInsider - 🏆 729. / 51 Read more »