Four of the Best Ways to Trigger a Bidding War on Your House
Unlike the weather, the real estate market hasn't been as hot as usual this June, with the typical home selling for 0.3% below its asking price, according to new data from Redfin . While it's a welcome shift for homebuyers, those getting ready to put their home on the market now face a harder sell. At the same time, you may have heard about homes in your area that sold for over the asking price, following a bidding war involving multiple parties, and wondered what they're doing right. As it turns out, there are several tactics sellers can use to improve their chances of having similar results. Here are a few realtor-approved methods for sparking a bidding war. How to trigger a bidding war when selling your home In theory, all you need for a bidding war is at least two people who fall in love with a home and have the money to offer more than the asking price. You could hope that you get lucky and it happens organically, but according to Dana Hall-Bradley, a realtor with Be