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Real Estate Agent News: Real estate bidding wars aren’t going away

Frenzy, frustration and disappointment are what home buyers have come to dread about real estate bidding wars.

They’d better get used to it, suggests a new study. It shows that despite some drop-off over the last decade, homes sold through bidding wars have still substantially increased their share of sales over the last two decades.

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Summary of the Article

There was also a relationship between bidding war transactions and the use of real estate agents, the study found. “The single biggest implication is …

Article

Frenzy, frustration and disappointment are what home buyers have come to dread about real estate bidding wars.

They’d better get used to it, suggests a new study. It shows that despite some drop-off over the last decade, homes sold through bidding wars have still substantially increased their share of sales over the last two decades.

Culled From

first published: 2015-03-02 18:56:15