How to Win a Bidding War in 2021

How to Win a Bidding War in 2021

It's not just about the price anymore. In the frenzied markets of Brookline and Cambridge, sellers are looking for the 'cleanest' deal. Here is how to win.

Strategies Beyond Price

The Appraisal Gap Guarantee: Offer to pay the difference in cash if the bank's appraisal comes in lower than the purchase price. Shortened Contingencies: Instead of 10 days for an inspection, offer to do it in 3. Use a Local Lender: Listing agents in Newton* trust local mortgage officers more than big national banks.

The 'Love Letter'

While controversial, a well-crafted letter to the seller explaining why you love their home can still make a difference in a tie-breaker situation. Emotional connection still matters.