It’s been a challenging year.
The real estate industry saw a surge in buyers unlike any other time , inventory remains low and competition is fierce.
The industry has been forced to look at our bidding process and assess if it’s really suited for today’s market . As buyers bid blindly against one another , the price becomes inflated without any real justification .
What do you think about the all to common multiple offers that create these bidding wars ? Have you experienced this on your search for a home ?