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Multiple Bids is the Open Door Auctions Secret to Success

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We’ve spoken at some length about the inherent inefficiency in the old-fashioned real estate industry, even going so far as to call it dysfunctional, which is not too far a stretch, in our humble opinion. Once your house is listed, it might go weeks, even months, between receiving a serious buying offer and, as much as your agent might try to pretend otherwise, it’s a rare occasion to have two buyers in a bidding war for the property. Sure it happens – usually about as often as Halley’s Comet swings past for another visit.

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While you may have visions of multiple bids dancing in your head, the traditional real estate industry is likely to disappoint you in that...