Bidding Wars, Opportunity Cost and Tricky Agency Agreements [Meetup]
by Osman Parvez
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Bidding wars are common in Boulder real estate. If you’ve been in the market during the last year or two, you know what I’m talking about. Priced right, homes in certain locations draw multiple offers and often exceed asking.
A transparent market benefits the consumer. Too bad it doesn’t exist. In Boulder, you’re dealing with an unequal playing field. Market participants have differing access to information. Realtors have varying skill levels.
If you’re planning to buy or sell this year, you don’t want to miss this month’s Boulder Real Estate Meetup. It’s this Thursday, January 22th at 7pm, RSVP below.
Best Practices for Bidding Wars is our topic. This is a high signal to noise event. No sales pitch, no hand waving. The Boulder Real Estate Meetup is a knowledge and learning opportunity.
Here’s what we’ll be discussing.
- Offer Packet Components
- How To Strengthen Your Offer (Legally)
- Pocket Deals
- Buyer Opportunity Costs
- Realtor Exclusive Agency Agreements – What to Watch Out For
- Buyer And Seller Negotiable Contingencies
- Alternative Search Strategies
- Seller Risks Including Mismanaged Listings
- How To Properly Run a Bidding War
- Fair Housing Related Risk
- The Last Real Estate Cycle
- …And Of Course, Market Conditions
Join us!
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The next Boulder Real Estate Meetup is January 22nd. Our topic is Best Practices for Bidding Wars. RSVP HERE.
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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
image credit: joiseyshowaa
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Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.
We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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