How do I handle bidding wars when competing for a property?
How do I handle bidding wars when competing for a property?
In a bidding war, set a firm budget and avoid emotional overbidding. Strengthen your offer by being pre-approved, offering a higher earnest money deposit, or waiving contingencies like inspections (if risks are minimal). Personalizing your offer with a letter to the seller can also help. Having an experienced agent by your side ensures strategic decision-making.
