Perry Wellington 4.5 – How to Win a Real Estate Bidding War

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Over the past year, bidding wars were a normal thing. Low inventory and multiple buyers created a perfect storm, making it a challenge to get an offer accepted.

Lifehacker outlines some tips on how to win a home bidding war and the Perry Wellington Realty team talk about each one.

TIP #1. OFFER MORE, PAY CASH

TIP #2. MEET THE SELLERS TERMS

TIP #3. FOREGO CONTINGENCIES

TIP #4. GET PRE-APPROVED FOR MORTGAGE

TIP #5. MAKE DECISIONS QUICKLY

TIP #6.  BE CREATIVE
– such as paying for the seller’s moving truck (or just use PWR, we’ll give you one for free!)
– putting together spa weekends
– know what matters to the seller

TIP #7.  CONNECT WITH SELLERS

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4.5% Commission!

Perry Wellington Realty is a full service real estate brokerage based in Hollidaysburg with offices around the region. They offer mortgages through Circuit Mortgage, real estate for buyers and seller, as well as, a real estate training school. Plus, they only take 4.5% commission! For more information visit Perry Wellington Realty. 

Office Phone Numbers: 
Hollidaysburg: (814) 695-5323 
State College: (814) 273-1446 
Johnstown: (814) 619-0256 
Huntingdon: (814) 251-9725 
Bedford: (814) 310-0099 
Scranton: (570) 309-6136 
Lewistown (717) 363-8631 

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