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 While homes in New York City, Miami, and Atlanta used to go the fastest, those cities have been replaced by Columbus, Ohio; Kansas City, Missouri; and, of course, Cincinnati, in the past few months.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 🏡
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Source: BusinessInsider - 🏆 729. / 51 Read more »
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Source: BusinessInsider - 🏆 729. / 51 Read more »