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