46 – Bidding Wars! How To Win Them
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 5 March 2021
⏱️ 35 minutes
🧾️ Download transcript
Summary
2021 is MADNESS if you are trying to buy a home. Bidding wars are the norm, but they are anything but normal. As a first-time homebuyer, you may be confused enough already without this mess of a process happening. So in this episode, David Sidoni, the How to Buy a Home guy, gives you his insider tips on what's working in bidding wars, and what's killing your chances.
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Transcript
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| 0:00.0 | Hi, you trying to buy a house? |
| 0:02.4 | Yeah, you and everybody else in the world. |
| 0:06.3 | Let's talk about how ridiculous it is trying to buy a house in 2021 |
| 0:11.9 | and the craziness of the bidding wars. |
| 0:16.4 | Music What's popping everybody? Welcome to another week in the bananas, cray cray world of real estate. |
| 0:38.1 | This is dropping in March. |
| 0:39.9 | I'm recording this at the end of February of 2021. |
| 0:43.1 | And if you're listening to this in the future, oh my God, it is unbelievable out there. |
| 0:50.5 | The bidding wars, they're real. |
| 0:52.7 | Welcome to the show for this is our show that tries to take |
| 0:55.9 | some of the mystery and the confusion out of what is already an overwhelming process, even in a |
| 1:01.1 | normal market, but if you're trying to buy a home in 2021, you know it's anything but normal. |
| 1:06.0 | I have taken out and put in offers for five different buyers in the last couple weeks. Some of them |
| 1:12.0 | put in two or three different offers over that time because we didn't get the house because |
| 1:15.5 | there were a million other people trying to buy every single condo, townhome, and house. We're |
| 1:21.0 | talking 10, 20, 30 offers. I even had one home that when it all was said and done over just four days, three days actually, |
| 1:29.9 | there were 90 offers on the home. |
| 1:33.0 | Yeah, gang, that ain't normal. |
| 1:34.9 | So you've got me, the completely abnormal host of the show. |
| 1:38.6 | I'm David Sedone, the How to Buy a Home Guy, and this is the How to Buy a Home podcast. |
| 1:42.2 | I figured I'd do an introduction because I'm assuming we might have some new listeners out there because maybe you're one of the 89 people that didn't |
| 1:48.0 | get that home with the 90 offers on it and maybe you didn't get it so you're looking for the magic |
... |
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