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5 Ways to Start a
Bidding War on Your
Candlewood Lake
Home for Sale
Most sellers of Candlewood Lake homes
dream of getting multiple buyers interested in
their property. When that happens, a bidding
war begins. It is a situation where two or more
buyers are so interested in the home that they
make increasingly higher offers on how much
they are willing to pay to become the new
owner of the home.
Here are five easy
ways to spark a real
estate bidding war:
Study the local market
Analyzing the local market will help you market
and price your property correctly. Find out how
many lakefront properties in Candlewood Lake are
for sale and what the median pricing is. Research
which types of houses sell the fastest and what
drives the price in your area. Arm yourself with as
much information as you can so that you will be
more prepared to handle bidding wars.
Price your home right
To get the attention of buyers and to attract
multiple offers, you need to price your
home just right. Remember that if you set
the price too high, you will not draw much
buyer interest and your home will stay on
the market for months or even a year.
Work with your trusted real estate
agent and analyze the comparables.
Price your home slightly below the
fair market value. Avoid pricing your
home too low because buyers might
think something is wrong with the
property.
Stage your home
Most of the time, buyers initially select a
house based on how it looks. If your home is
staged, it will attract more buyers and
agents and could start a bidding war. Make
sure your home is free of clutter, avoid loud
colors, and has remove pictures or personal
items.
The goal is to make it as inviting as
possible so that buyers can easily
envision themselves living in your home.
Make sure to improve your home’s curb
appeal too because some buyers won’t
even get out of the car when looking for
prospective homes.
Create a sense of urgency
Let buyers bump into each other so that they
will be aware that there is a competition. Hold
open houses that have been advertised
widely. Then invite your friends to come to
the open house and look around. Potential
buyers are more likely to make a bid when
they see apparent interest from other parties.
Make your property stand out
Setting your home apart from other
homes for sale in Candlewood Lake is
especially important in a market with a
tight competition. Consider why a buyer
would bid on your home over dozens or
hundreds of others.
Look for your home’s unique features
and highlight them in the listing. This
will convince buyers that your home
has features not found anywhere else
in the market. Remember to take lots
of pictures of your home’s best
features.
Follow these tips to attract
multiple offers and start a
bidding war. Check out http://www.
CandlewoodLakeHomesforSale.com today
for more home selling tips and
suggestions.
If you want to work with a real estate
professional who can assist you in buying or
selling Candlewood Lake, Lake Lillinonah
homes, Lake Waramaug and Lake Zoar real
estate, call me, Deborah Laemmerhirt,
at 203-994-4297. I have the knowledge,
expertise, and tools to help you close that deal.
5 Ways to Start a Bidding War on Your Candlewood Lake Home for Sale

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5 Ways to Start a Bidding War on Your Candlewood Lake Home for Sale

  • 1. 5 Ways to Start a Bidding War on Your Candlewood Lake Home for Sale
  • 2. Most sellers of Candlewood Lake homes dream of getting multiple buyers interested in their property. When that happens, a bidding war begins. It is a situation where two or more buyers are so interested in the home that they make increasingly higher offers on how much they are willing to pay to become the new owner of the home.
  • 3.
  • 4. Here are five easy ways to spark a real estate bidding war:
  • 5. Study the local market Analyzing the local market will help you market and price your property correctly. Find out how many lakefront properties in Candlewood Lake are for sale and what the median pricing is. Research which types of houses sell the fastest and what drives the price in your area. Arm yourself with as much information as you can so that you will be more prepared to handle bidding wars.
  • 6. Price your home right To get the attention of buyers and to attract multiple offers, you need to price your home just right. Remember that if you set the price too high, you will not draw much buyer interest and your home will stay on the market for months or even a year.
  • 7. Work with your trusted real estate agent and analyze the comparables. Price your home slightly below the fair market value. Avoid pricing your home too low because buyers might think something is wrong with the property.
  • 8. Stage your home Most of the time, buyers initially select a house based on how it looks. If your home is staged, it will attract more buyers and agents and could start a bidding war. Make sure your home is free of clutter, avoid loud colors, and has remove pictures or personal items.
  • 9. The goal is to make it as inviting as possible so that buyers can easily envision themselves living in your home. Make sure to improve your home’s curb appeal too because some buyers won’t even get out of the car when looking for prospective homes.
  • 10. Create a sense of urgency Let buyers bump into each other so that they will be aware that there is a competition. Hold open houses that have been advertised widely. Then invite your friends to come to the open house and look around. Potential buyers are more likely to make a bid when they see apparent interest from other parties.
  • 11. Make your property stand out Setting your home apart from other homes for sale in Candlewood Lake is especially important in a market with a tight competition. Consider why a buyer would bid on your home over dozens or hundreds of others.
  • 12. Look for your home’s unique features and highlight them in the listing. This will convince buyers that your home has features not found anywhere else in the market. Remember to take lots of pictures of your home’s best features.
  • 13. Follow these tips to attract multiple offers and start a bidding war. Check out http://www. CandlewoodLakeHomesforSale.com today for more home selling tips and suggestions.
  • 14. If you want to work with a real estate professional who can assist you in buying or selling Candlewood Lake, Lake Lillinonah homes, Lake Waramaug and Lake Zoar real estate, call me, Deborah Laemmerhirt, at 203-994-4297. I have the knowledge, expertise, and tools to help you close that deal.