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Bidding Wars in Today’s Real Estate Market

Sep 27, 2023 | Real Estate

Bidding

In today’s competitive real estate market, bidding wars can become a widespread practice among buyers. Depending on the location and the allure of the property, some buyers opt to enter a bidding war to be the most attractive buyer in a competitive landscape. However, before entering such scenarios, buyers should have a realistic plan in place for how far they are willing to go to secure the property and how it may impact their homebuying process. Read more about a recent bidding war that happened in New Jersey here.

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