{"id":2382,"date":"2012-03-21T08:00:00","date_gmt":"2012-03-21T12:00:00","guid":{"rendered":"http:\/\/www.zoocasa.com\/blog\/whats-a-bidding-war-and-how-do-i-win-one-part-one\/"},"modified":"2020-02-17T20:39:01","modified_gmt":"2020-02-18T01:39:01","slug":"whats-bidding-war-and-how-do-i-win-one","status":"publish","type":"post","link":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/","title":{"rendered":"What’s a Bidding War and How Do I Win One? Part One"},"content":{"rendered":"
<\/a><\/div>\n

Oh no, you’ve finally found the PERFECT house after 18 months of laborious searching and you’re ready to put an offer in — but so is somebody else! Here’s the first in a two-part serious about being prepared to deal with a bidding war situation. The following are some tips to get you ready to for battle.<\/p>\n

1. Suit up<\/b>
\nTwo words: Mortgage pre-approval. Picture it, next week, this year – it’s a beautiful day, you’re walking to meet the sellers with a spring in your step and a confident smile. Why? You have a pre-qualified loan certificate, which proves that you’ve got money to back up your offer. It says that you are serious about buying this property.<\/p>\n

2. Scout the scene <\/b>
\nThere’s a reason why scouts are sent to survey the battlefield – you’ve got to know what you’re up against. Knowing what the fair market value of the homes you’re interested along with similar houses in other prospective neighbourhoods is a must. You’ll know what you can afford, what you’re able to offer and make a prediction on what others may offer; making it clear what kind of bid you’re ready to put forth.<\/p>\n

3. Straight-shooting<\/b>
\nMaking a firm offer without complicated clauses, conditions or terms will make your bid that much more attractive. Consider the difference between two offers at the same price but one of them includes the condition that the purchaser won’t buy until he\/she first sells his\/her property. Exactly! Who wants the drama?<\/p>\n

4. Knowing is half the battle<\/b>
\nGet all the facts before you make your move. The house of your dreams may seem<\/i> perfect but it’s wise to have it certified as sound by a professional. Plan on for paying for a pre-buy home inspection so you will know exactly what you’re getting. Finding out that the house will require extensive repairs or need to be brought up to code before you make a decision can save you from a lot of future headaches. Read this enlightening article<\/a> about what your home inspection may be missing.<\/p>\n

5. Don’t fall for a decoy <\/b>
\nThey say that staging a house can lead to bidding wars. Remember that the seller probably has his\/her home set to appeal to a broad range of buyers so forget the smell of baked goods in the oven, the fresh flowers and fancy furniture – you’re there for the house. Try to picture it as a blank slate that will suit your belongings and your lifestyle. If you’re really interested in a property why not come armed with the measurements of your furniture to make sure they will fit well? It’s up to you to know if the house is right.<\/p>\n","protected":false},"excerpt":{"rendered":"

Oh no, you’ve finally found the PERFECT house after 18 months of laborious searching and you’re ready to put an offer in — but so is somebody else! Here’s the first in a two-part serious about being prepared to deal with a bidding war situation. The following are some tips to get you ready to […]<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"footnotes":""},"categories":[76],"tags":[],"class_list":["post-2382","post","type-post","status-publish","format-standard","hentry","category-buying-a-home"],"yoast_head":"\nWhat's a Bidding War and How Do I Win One? Part One | Zoocasa Blog<\/title>\n<meta name=\"description\" content=\"Oh no, you've finally found the PERFECT house after 18 months of laborious searching and you're ready to put an offer in -- but so is somebody else!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What's a Bidding War and How Do I Win One? Part One | Zoocasa Blog\" \/>\n<meta property=\"og:description\" content=\"Oh no, you've finally found the PERFECT house after 18 months of laborious searching and you're ready to put an offer in -- but so is somebody else!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/\" \/>\n<meta property=\"og:site_name\" content=\"Zoocasa Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Zoocasa\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/zoocasa\" \/>\n<meta property=\"article:published_time\" content=\"2012-03-21T12:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-18T01:39:01+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/blogger\/_9syP1Pp2HkA\/TPPF_Cvqt_I\/AAAAAAAAAAU\/8obeD0_PBSA\/s1600\/real-estate_965848.jpg\" \/>\n<meta name=\"author\" content=\"Zoocasa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/zoocasa\" \/>\n<meta name=\"twitter:site\" content=\"@Zoocasa\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zoocasa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/\"},\"author\":{\"name\":\"Zoocasa\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2\"},\"headline\":\"What’s a Bidding War and How Do I Win One? Part One\",\"datePublished\":\"2012-03-21T12:00:00+00:00\",\"dateModified\":\"2020-02-18T01:39:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/\"},\"wordCount\":482,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\"},\"articleSection\":[\"Buying a Home\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/\",\"name\":\"What's a Bidding War and How Do I Win One? Part One | Zoocasa Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#website\"},\"datePublished\":\"2012-03-21T12:00:00+00:00\",\"dateModified\":\"2020-02-18T01:39:01+00:00\",\"description\":\"Oh no, you've finally found the PERFECT house after 18 months of laborious searching and you're ready to put an offer in -- but so is somebody else!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.zoocasa.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What’s a Bidding War and How Do I Win One? Part One\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#website\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/\",\"name\":\"Zoocasa Blog\",\"description\":\"Home Buying & Selling Tips, Real Estate Market Trends & News\",\"publisher\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.zoocasa.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\",\"name\":\"Zoocasa\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png\",\"contentUrl\":\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png\",\"width\":800,\"height\":800,\"caption\":\"Zoocasa\"},\"image\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Zoocasa\",\"https:\/\/twitter.com\/Zoocasa\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2\",\"name\":\"Zoocasa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g\",\"caption\":\"Zoocasa\"},\"description\":\"Zoocasa is an award-winning prop-tech company and wholly owned subsidiary of eXp Realty Inc. LLC. Zoocasa uses data and technology to deliver an intelligent, end-to-end real estate experience. Zoocasa\u2019s insights and suite of digital tools, combined with the market expertise of its dedicated agents and team allows Zoocasa to set a new standard for full-service real estate. A 4-time winner of both the Financial Times' Fastest Growing Companies in the Americas and the Top Growing Companies in Canada by the Globe and Mail, Zoocasa continues to innovate on the home buying, selling and search experience online.\",\"sameAs\":[\"https:\/\/www.zoocasa.com\",\"https:\/\/www.facebook.com\/zoocasa\",\"https:\/\/www.instagram.com\/zoocasa\/\",\"https:\/\/www.linkedin.com\/company\/zoocasa-com\",\"https:\/\/twitter.com\/https:\/\/twitter.com\/zoocasa\"],\"url\":\"https:\/\/www.zoocasa.com\/blog\/author\/zoocasa\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What's a Bidding War and How Do I Win One? Part One | Zoocasa Blog","description":"Oh no, you've finally found the PERFECT house after 18 months of laborious searching and you're ready to put an offer in -- but so is somebody else!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/","og_locale":"en_US","og_type":"article","og_title":"What's a Bidding War and How Do I Win One? Part One | Zoocasa Blog","og_description":"Oh no, you've finally found the PERFECT house after 18 months of laborious searching and you're ready to put an offer in -- but so is somebody else!","og_url":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/","og_site_name":"Zoocasa Blog","article_publisher":"https:\/\/www.facebook.com\/Zoocasa","article_author":"https:\/\/www.facebook.com\/zoocasa","article_published_time":"2012-03-21T12:00:00+00:00","article_modified_time":"2020-02-18T01:39:01+00:00","og_image":[{"url":"http:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/blogger\/_9syP1Pp2HkA\/TPPF_Cvqt_I\/AAAAAAAAAAU\/8obeD0_PBSA\/s1600\/real-estate_965848.jpg"}],"author":"Zoocasa","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/zoocasa","twitter_site":"@Zoocasa","twitter_misc":{"Written by":"Zoocasa","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/#article","isPartOf":{"@id":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/"},"author":{"name":"Zoocasa","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2"},"headline":"What’s a Bidding War and How Do I Win One? Part One","datePublished":"2012-03-21T12:00:00+00:00","dateModified":"2020-02-18T01:39:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/"},"wordCount":482,"commentCount":0,"publisher":{"@id":"https:\/\/www.zoocasa.com\/blog\/#organization"},"articleSection":["Buying a Home"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/","url":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/","name":"What's a Bidding War and How Do I Win One? Part One | Zoocasa Blog","isPartOf":{"@id":"https:\/\/www.zoocasa.com\/blog\/#website"},"datePublished":"2012-03-21T12:00:00+00:00","dateModified":"2020-02-18T01:39:01+00:00","description":"Oh no, you've finally found the PERFECT house after 18 months of laborious searching and you're ready to put an offer in -- but so is somebody else!","breadcrumb":{"@id":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.zoocasa.com\/blog\/whats-bidding-war-and-how-do-i-win-one\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zoocasa.com\/blog\/"},{"@type":"ListItem","position":2,"name":"What’s a Bidding War and How Do I Win One? Part One"}]},{"@type":"WebSite","@id":"https:\/\/www.zoocasa.com\/blog\/#website","url":"https:\/\/www.zoocasa.com\/blog\/","name":"Zoocasa Blog","description":"Home Buying & Selling Tips, Real Estate Market Trends & News","publisher":{"@id":"https:\/\/www.zoocasa.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zoocasa.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zoocasa.com\/blog\/#organization","name":"Zoocasa","url":"https:\/\/www.zoocasa.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png","contentUrl":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png","width":800,"height":800,"caption":"Zoocasa"},"image":{"@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Zoocasa","https:\/\/twitter.com\/Zoocasa"]},{"@type":"Person","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/797314ca6279e6b154442b2f393e41b2","name":"Zoocasa","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/52df2ab365fe05aa8984d92a1c9eb4b39956cf4bb370e3a3df1cc2242b6f3146?s=96&d=blank&r=g","caption":"Zoocasa"},"description":"Zoocasa is an award-winning prop-tech company and wholly owned subsidiary of eXp Realty Inc. LLC. Zoocasa uses data and technology to deliver an intelligent, end-to-end real estate experience. Zoocasa\u2019s insights and suite of digital tools, combined with the market expertise of its dedicated agents and team allows Zoocasa to set a new standard for full-service real estate. A 4-time winner of both the Financial Times' Fastest Growing Companies in the Americas and the Top Growing Companies in Canada by the Globe and Mail, Zoocasa continues to innovate on the home buying, selling and search experience online.","sameAs":["https:\/\/www.zoocasa.com","https:\/\/www.facebook.com\/zoocasa","https:\/\/www.instagram.com\/zoocasa\/","https:\/\/www.linkedin.com\/company\/zoocasa-com","https:\/\/twitter.com\/https:\/\/twitter.com\/zoocasa"],"url":"https:\/\/www.zoocasa.com\/blog\/author\/zoocasa\/"}]}},"_links":{"self":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts\/2382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/comments?post=2382"}],"version-history":[{"count":0,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts\/2382\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/media?parent=2382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/categories?post=2382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/tags?post=2382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}