In a seller's market, many "hot" properties come on the market and often with holdback offers. These homes are usually newly renovated, nicely decorated and have many features that buyers want. How can you get this house?
Holdback offers are a marketing sales strategy whereby the property is listed for perhaps 5 per cent under market value and offers are held back for a week. Benefits of holdback offers to the seller: not just an increase in price but also an efficiency of time. Less time on the market if it works and less stress for the seller!
Flickr: Francisco Diez
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