Bidding Wars, Opportunity Cost and Tricky Agency Agreements [Meetup]

by Osman Parvez
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! 

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

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.