How to Set The Price For a Massive Bidding War in 2024.

Getting multiple offers is still possible. A bidding war occurs when more than one buyer makes competing bids on the same house.

You MUST, price your house properly to for a bidding war happen.

Usually you need to list the house about 5% under the market value to be considered as good deal and therefore have more people come to your house and want to steal it before anyone else does.

Psychology of buyer and seller big role in their decision making. Once the buyers identify this house as a great deal, they will get into a bidding war for you house.

Once you get your offers, you can either accept an offer or propose that all interested parties submit a better, higher offer, with buyers trying to outbid eachother

If you're wondering where to get a exact price range you should consider getting a CMA.