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What’s the Most Effective Bidding War Strategy in Chicago?

by Peter Thomas Ricci

With inventory low and showing no signs of improving, what can agents do to distinguish their clients?

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Chicago started out 2014 with another double-digit decline in housing inventory, and such low supply in a recovering housing market can only mean one thing – multiple offers and bidding wars.

Amidst such steep competition, though, what’s an agent to do to distinguish themselves? Well, the interesting folks at Redfin have given us some insight. After sampling data from more than 10,000 agents, the brokerage reported on the most effective strategies agents have pursued in securing their clients that dream home – but our infographic below features data specific to Chicagoland agents.

So what strategies win over Chicagoland sellers? Find out:

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