How To Create A Bidding War

The Brantford real estate market is extremely hot right now with many properties receiving multiple offers and selling above asking price.

Last week two of our clients received multiple offer on their home including Steve & Becki in West Brant who got 8 offers in only 3 days. Here is the 3-step formula we follow to generate bidding wars for our clients.

  1. Detailed Pricing Research - when you get the price right it creates a sense of urgency that buyers must act now or this home will be sold (on the flip side - if you over-price your home buyers typically wait and watch for price reductions before making an offer)
  2. Massive Exposure - we don’t just put homes up for sale - we launch in a massive way using our online marketing channels. Our typically listing is seen by over 20,000 potential home buyers in the first week it;s on the market.
  3. No Offer Allowed - this is the most important part - with your permission will do not allow anyone to make you an offer until all available buyers have a chance to see it - typically 3-5 days.

Combining all three of these strategies is how we are able to get multiple offers for our clients and sell their homes above asking price.

Next Steps...

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