How to Start a Bidding War
A bidding war is where you have multiple parties that are actively bidding on a property they are interested in. This is an ideal scenario for a seller but less than ideal for those involved in the bidding war.
In this situation it comes down to two very important things. One is pricing. You need to be priced exactly at or right below the market in order to stimulate enough interest.
Two, you need to multiply that by using your marketing plan. You need to fire on cylinders that nobody else is firing on. This means being all over social media and being everywhere before you go live. Build up traffic and let people come into the first open house in droves. The offers will start pouring in.