How to Win the Bid Without Over-Paying

Dec 7, 2022 | Buyer Tips, Real Estate

How to Win the Bid Without Over-Paying

When you find out there’s multiple offers on your dream home, you’re probably thinking, “How do I win the bid without over-paying for the house?”

The problem is, the other buyers are probably thinking the same thing. So how do you win?

The best way to win the bid without paying too much is by using the Escalation Addendum. This allows your offer to outbid all other offers automatically, until you reach your maximum price.

This way, you give yourself a good chance of winning the bid, along with the peace of mind knowing that your maximum price isn’t more than you’re willing to spend.

If you have any questions about when to use the Escalation Addendum or how it would apply to your situation, click the link to schedule a call.