With so many houses available today, competition is heating up among homebuyers. In fact, 55% of August 2020 home sales resulted in a bidding war AND 69% of homes sold were on the market for less than one month! 

With that said, it's important to be prepared for a bidding war, especially if you've found your dream home. Being prepared means you'll be able to move quickly and confidently in today's competitive market.

Below you'll find three important tips to help you prepare for a bidding war.

Don't forget to check out our recent blog on how to write an award-winning Real Estate Offer Letter. 

Some Highlights

• With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers.
• From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home.
• Reach out to a trusted real estate professional today to be sure you have the guidance you need as the competition for homes heats up this season.
• Reach out to Greenway Mortgage for your FREE pre-approval and for any questions you may have about the mortgage process.