For so long, buyers were accustomed to have more power in the real estate market as sellers were willing to do almost anything to sell their home in a depressed market.  However, the front door has swung the opposite direction and many sellers are receiving multiple offers on their home.  When this happens, the buyer who is better prepared for a bidding war often comes out of the battle with the keys to the house.

For tips on how to win a bidding war read, “5 Tips for Winning a House Bidding War.”

Image credit:  T Pierce