Price your property 2-5% below comparable sales to instantly expand your buyer pool. This triggers algorithmic alerts on listing platforms and draws significantly more traffic to showings. When buyers arrive at densely scheduled open houses and see physical competition, "auction fever" takes over - the psychological pain of losing outweighs the financial pain of overbidding. The result is final sale prices that consistently exceed traditional pricing outcomes.
⚠️ UNVERIFIED: No T1/T2 source located as of 2026-08-01.
From the seller playbook: Bid-Up Strategy Execution
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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