I specialize in starting Bidding Wars by allowing buyers to openly compete for the highest price instead of being told they can’t see each other’s offers.
No one thinks the Olympics would be better by isolating each athlete and telling them they just need to guess how hard to push to beat their competitors, yet that’s what we do with competing buyers of real estate.
It seems like the current system of blindfolding buyers was specifically designed to get sellers lower prices. Buyers are way more afraid of overpaying than they are of losing the home to another buyer so the highest price is never reached.
Instead, I combine the traditional selling method with elements of an online real estate auction with full transparency so the sales price is as high as the market will bear while pushing buyers to their maximum. This eliminates any fear of underselling. If there’s a buyer out there willing to pay more, I’ll find them.
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