When you’re seeking, it’s best to focus on the wants and needs of the people who will actually be living in the property. What is more, too many opinions can really make it difficult to make a decision. According to the National Association of REALTORS®, median single-family existing-home sale prices have increased on average 5.2 percent each year from 1972 through 2014.
What’s the best way to win a bidding war? Avoid one. There are only two possible outcomes: you’ve paid more than anyone else would pay or you’ve wasted your time.