How to Win a Bidding War !!

Many consumers think the highest offer is a sure-fire way to claim ownership of their dream home.

In today's fast-paced market, Michele Holloway knows that bidding for a house doesn't always require upping the stakes.

Accommodate the seller. As a buyer, you have to be flexible and willing to sacrifice a bit. Whether it's being willing to close one month earlier or later, do your best to meet the seller's desired closing time. Additionally, be willing to overlook the more minor and but less-than-perfect characteristics of a given home because other prospective buyers may not be able or willing to do so.

Prepare. If you are willing to make the investment, then you must be a qualified, solid, desirable buyer. Get a copy of your credit report and settle any debts that may be outstanding.

Clean up your act. Eliminating as many contingencies as possible will give you an advantage when involved in a bidding war. If you have a home to sell before purchasing, sell it first. Reducing uncertainty makes the buyer more appealing to the seller and will create leverage for the buyer.

Show them the money. Be willing to increase the size of your down payment or make an all cash offer. Work with the best in the biz. Be sure to choose a sales associate who has an excellent reputation with other agents.

Work with Michele Holloway - who is known in the industry for her professionalism, credibility and honesty. This will always work in the buyer's favor. But then, you already knew that!