How to win a bidding war in a seller’s market?

How to win a bidding war in a seller’s market?

Written by Jenny Gu, PhD from

Reading time: 2 minutes

Tags: offer presentation, bidding wars, pre-emptive offer, pre-offer home inspection

Please check out our blog on Is It A Good Idea To List A Property At A Lower Price To Create A Bidding War if you are a seller. 

My clients told me they hate bidding wars, but they are also interested to know how to win in an offer presentation, especially in a seller’s market. So, I am writing this blog to let you have an idea on how we helped our clients to win in an offer presentation. Before submitting an offer, we always ensure our buyer clients have enough down payment and mortgage approval are ready. Besides these, I would like to share the following key points for winning in a bidding war. 

  1. Pre-emptive offer

If you like one house very much, you don’t have to wait for the offer date to submit an offer. It is a good idea to submit an offer at the earliest time when not many showings are booked or done, usually it is the first day when the property is on the market.

  1. Effective communications

This is super important. Yes, the listing agent is representation the seller for their best interest and buyer agent is representing the buyer. However, it doesn’t mean the listing agent and buyer agent are against each other. Both agents have a common goal, to sell the property. So, through the effective communications, a mutual trust will be built between the agents, and it will smooth to negotiation process. 

  1. Number of showings

Generally, more showings indicate more interests and possibly more offers. More showings often lead to higher sales price. As a seasoned buyer agent, I always have an idea in terms of numbers of showings.

  1. Seller’s expectation

Sometimes the listing agent would let you know the seller’s expectation and sometimes would not.  In this case, I would check how long does the seller own the property. If seller owns the property for many years, the seller tends to have a more reasonable expectation. 

  1. No condition offers

It is common to submit a ‘clean’ offer in a very competitive market. However, pre-offer home inspection is always recommended to protect the buyer’s interest and make a sound decision. 

I hope this blog will help you in the future. 

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  • The pros and cons of pre-emptive offer –

    […] you may be able to avoid the bidding war which the bidding war may potentially drive the final sales price even […]


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