One of the worst things that can happen during the home buying process is to finally find your dream home, only to discover that someone else is already bidding on it. When this happens, how can you win your dream house without losing your shirt in the process? In this article, weíll cover some of the more important points to winning a multiple offer property in Fremont California.

Tip #1 - Know Your Limit

Itís tempting to increase your bid based on emotions during a bid war. Buyers are often willing to pay more out of competitiveness, feeling that something they want is being taken away, or just plain rationalization.

This trap can cost you thousands of dollars. Instead, do your comparative analysis of the properties nearby, choose the highest number youíre willing to pay for this property and stick to it.

Tip #2 - Have a Real Estate Agent That Is Looking Out for You

Remember that real estate agents are paid based on the selling price. There are agents that will look out for you and have your best interest in mind, while other agents would rather increase their commissions by convincing you to place a higher bid.

Itís important to have a real estate agent you can really trust during the process.

Tip #3 - Make an Impression on the Seller

Be more than just Buyer #2. Meet the seller and make sure they know what you love about the house. They usually love their house as well and want to sell to someone whoíll love it just as much.

Have the seller know who you are. Even if your bid is slightly lower, a seller may sell you the property just because they like you.

Tip #4 - Remove Conditions

The less conditions you have on your contract, the better. Call up your loan officer and make sure you can get approved for the loan and remove the financing clause. The cleaner your contract, the more appealing it will be for the seller.

These four tips will help you bid on a property in Fremont California without losing your shirt. Keep them in mind if you find yourself in a multiple offer situation.

Thank you for taking the time to read the information I have made available to you. This information is brought to you by your Fremont real estate expert Clyde Brown.  If you are considering buying or selling property, planning to relocate, looking for Fremont homes for sale, or looking for any other information about real estate in the Fremont real estate market, or the surrounding areas, please visit the most complete website dedicated to everything real estate related www.ClydeBrownHomes.com.

If you or someone you know are in need of a competent and experienced Bay Area Realtor, or have real estate or mortgage related questions, please feel free to contact me I will be more than glad to answer your questions. Call me at 800-839-0665 or email me at Clyde@ClydeBrownHomes.com. For all your East Bay cities needs including Fremont, Newark, Union City, Hayward, Oakland, Santa Clara, Milpitas, Dublin, Livermore, Pleasanton, and San Ramon. Clyde Brown Legacy Real Estate & Associates.

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Article's Author

Clyde Brown
Legacy Real Estate and Associates
Fremont, CA

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