With so few homes available to buy on the market, some buyers are going to new extremes, resorting even to bribing other buyers to withdraw their competing bid so their own will be accepted. Buyers are using such desperate tactics because they may feel there’s no other way. Real estate agents in Dallas report submitting
Amid bidding war, one buyer offered $50K for the other to walk away
March 17, 2022 by Mike Wheatley
Filed Under: Housing, News Tagged With: all-cash offers, bidding wars, home buyers, Todd Tramonte
In bidding wars, cash really is the king
March 16, 2022 by Mike Wheatley

Redfin has come to the not very surprising conclusion that anyone who is able to make an all-cash offer on a home is far more likely to win out in a bidding war against other buyers who’re unable to do so. Buyers who offered an all-cash transaction were four times more likely to win in
Filed Under: Home Buying, Housing Tagged With: all-cash offers