How to win a bidding war

For those who struggled to sell, it’s hard to imagine the shift to bidding wars, but they are on. Bankrate.com offers these 6 tips to winning the war:

  1. know your market
  2. prepare and have a lender ready
  3. when possible be a cash buyer
  4. move fast to make the offer
  5. have a home inspector on speed dial
  6. remove or reduce contingencies

Most importantly, get a team of backers to help you make quick, but informed decisions.
Call Engel & Völkers Annapolis if you have any further questions on putting in an offer that gets you the home you want!