Have any of you sold a house through a bidding war?

Have any of you sold a house through a bidding war?
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1 Answer

Answer :

Twice in the last 6 months. But in both cases the bid competition was spontaneous and driven by motivated buyers set on getting the same house. The listings were based on full fair market value with no formal plan for a bid process. I don’t work in Cali, and our local market (northwest Oregon) isn’t structured the way it is in LA or SF. Right now a majority of sales are done in the way I explained. But things could change.
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