1. Be aware of your competition
2. Find out what the seller wants (it's not always just price! )
3. Ask to be a back up offer
We're not just out here in a blind auction swinging for the fences. Get as much information so your can make an informed, calculated offer.
Bonus tip: Pay attention to rate of appreciation in the neighborhood you're bidding on. If you're going to overpay, do it in places that offer the best return.
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