This week Sam and Chayse discuss the pressures that come with house hunting, especially in a market where there’s almost always more than one buyer (and more than one bidder/offer) for every good home, and talk through how to navigate an auction, and a multiple offer situation, successfully.
Key Takeaways:
House hunting right now feels high-pressure and can require significant research and a strategic approach
Auctions offer transparency where bidders can gauge market value, but they can also be emotionally charged environments.
Knockout bids are a strategy used to discourage competition, but they can backfire if not handled correctly.
Best and final offer scenarios lack transparency, making it essential for buyers to ask the right questions and be prepared with their best offer.
Having the right team around you gives you the confidence to participate in both scenarios proactively.
