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How To Avoid Bidding Wars

Welcome to our #KTQuickTips Blog, where we share our tips and advice on buying and selling Real Estate.  If you’re an avid follower, you may have seen our #KTQuickTip about “How to Win a Bidding War”, but some people just want to know how to avoid it all together. For those of you who want to avoid it, this one’s for you!

You don’t want to get into a bidding war, and we totally understand that.  However, you really should keep in mind that in a HOT market where the supply is low and the demand is high, you really might not have much of a choice. If you’re finding the homes you like always ending up in bidding wars, it’s simply because you and everyone else are looking for the same type of home. Take into consideration looking at a home that requires a little bit of TLC or a home that may have been on the market for a while because it’s overpriced. Doing this will give you a lot more options.

For more tips and tricks on how to win a bidding war or on how to buy your next home, give us a call at 1-(800) 617-0090. You can also watch the full episode below, happy watching!

 

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