In many hyper-competitive markets where all-cash offers that are well over the asking price are standard fare, buyers have found some jaw-dropping ways to stand out.
What do homebuyers have to do to get a house in this cutthroat real estate market? Offer sellers a Caribbean vacation? Bid $1 million over the asking price? Pay a competing bidder hundreds of thousands of dollars to walk away?
What about buying two homes just to live in one?More from Financial Empowerment How much house can I afford?Believe it or not, these are real offers. And sometimes, they actually work."You hear about buyers throwing sweeteners into the mix -- wine, dinners -- to get the house," said Esty Perez, an agent with Knipe Realty in Portland, Oregon."Then, along comes a buyer that is like, 'Hold my beer.' Let me take this up.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IKEA fined $1 million for spying on workers in FranceA French court has ordered IKEA to pay a €1 million ($1.2 million) fine after finding the Swedish retailer guilty of improperly using employee data.
Read more »
Post Malone Shows Off His '$1 Million Smile,' Complete With Custom Diamond FangsLooks like PostMalone's megawatt smile -- that shines bright like the literal diamonds in his mouth -- comes with a hefty $1 million price tag. 💎
Read more »
Post Malone Shows Off His '$1 Million Smile,' Complete With Custom Diamond FangsLooks like PostMalone's megawatt smile -- that shines bright like the literal diamonds in his mouth -- comes with a hefty $1 million price tag. 💎
Read more »
High lumber prices and other barriers choke the confidence of home builders and home buyersHome builders are giddy about the soaring demand for new houses, but they're not so happy about high lumber prices, labor shortages and other barriers in...
Read more »
Ali Fedotowsky-Manno Reveals Iron-Deficiency Anemia DiagnosisThe former 'Bachelorette' shared she is dealing with iron-deficiency anemia, in which the body lacks enough healthy red blood cells due to low iron levels.
Read more »
WSJ News Exclusive | U.S. Housing Market Needs 5.5 Million More Units, Says New ReportConstruction of new homes in the last two decades lagged behind historical levels, contributing to the recent surge in house prices, according to a National Association of Realtors report that calls for a “once-in-a-generation” policy response.
Read more »