There aren't enough homes for sale that meet their needs, and those that are available are often the subject of high
price bidding wars.
Image Courtesy of Crave Online What Midway Games was hoping would start a high -
price bidding war between companies turned out to be their only shot at purchase when Warner Brothers Interactive Entertainment's late - May bid of $ 33 Million turned out to be the studio's only offer.
Not exact matches
In the past year, major cities have occasionally seen
bidding wars — not for homes but for prime rentals, with choice units renting for higher than asking
price.
With
prices no longer rising so strongly, buyers are getting pickier, and
bidding wars are falling out of favor.
Sky shares were up 3.8 percent at 13.57 pounds by 1434 GMT - well above the offer
price, implying that some shareholders anticipated a
bidding war.
Sky shares rose 4.1 percent to 13.62 pounds by 1107 GMT - well above the offer
price, implying that some shareholders anticipated a
bidding war.
* Sky shares jump in prospect of
bidding war (Adds analyst comment, share
prices, Breakingviews link)
We quickly engaged in a
bidding war for 11,000 followers, at a starting
price of $ 80.
In Toronto, where less than a year ago a rundown semi-detached could sell for $ 100,000 or more over asking
price, the era of the
bidding war is fading.
«
Prices have declined at the high end of the market but remained steady for more moderately
priced units;
bidding wars have become noticeably less prevalent,» the Beige Book said.
If you get multiple acquirers involved in a
bidding war, you can ratchet your
price to the stratosphere.
OLICK: While interest rates are still historically low, home
prices are rising very quickly, and
bidding wars are the rule, not the exception.
Bouygues could
bid for Altice's French business, Bloomberg reports, to end a painful
price war.
A
bidding war and the rich
price paid for Reckitt's food brands may help Unilever pocket more money.
However in this unprecedented sellers market with record setting condo
prices,
bidding wars and ultra low inventory - buyers...
Homes in these five metros stay on the market for an average of just 54 days and rarely feature slashed
prices;
bidding wars are common in these hot housing markets.»
And according to this guy,
bidding wars are SCAMS (and that many properties actually sold under listed
price)!
The Toronto Real Estate Board had predicted a sluggish start to 2018, particularly when compared to peak levels during the opening months of last year, when frenzied activity fuelled double - digit
price increases and
bidding wars were commonplace.
This led to multiple - offer scenarios,
bidding wars, offers well above the asking
price, and other hallmarks of a classic sellers» market.
The carrier's
price war has won it customers and profit - but left Sprint in the red and in part prompted AT&T's $ 85 bln
bid for the media giant and Verizon's M&A hunt.
This is despite a three - way global
bidding war for Warrnambool Cheese and Butter, which made it the world's most expensive dairy company on a
price - earnings multiple.
And in the event of a
bidding war, the share
price appreciation can go even higher than the traditional 30 per cent
bid premium.
Bega Cheese is bracing for the impact of a
bidding war for Australian milk supply at a time when global farm gate
prices are expected to fall.
NSW - based Bega Cheese, which owns 18.7 per cent of WCB, conceded defeat in the takeover race this week, as the
bidding war pushed the takeover
price from $ 320 million to $ 533 million and out of its reach.
Bega pulled out of the takeover race in December, but the
bidding war has pushed WCB's share
price from about $ 4 to more than $ 9.
Treasury announced on Monday it had received a second takeover offer, and the prospect of a
bidding war caused shares in the company to jump above the identical offer
price of the two
bids.
Scarcity is top quality will drive the
prices up, if we wait too long in acting then it is time that another club could show interest and then start a
bidding war.
But also you risk not giving yourself time to sell them for a good
price (need to get a
bidding war going) and you don't leave yourself time to find proper replacements.
a player feels wanted and valued by a team that works hard to buy him, Arsene says he wants Higuain, his
price is 28m but he
bids 25m, tag of
war starts and his
price goes up a bit.
I think it was a bad move by Wenger letting Coq go for a miserly # 12 million at today's inflated
prices but getting back to Alexis the good news that's happening now is he's creating a
bidding war which I hope will push Lex's
price up
Listening to the words of Wenger on the subject, it appears that our boss has decided not to try competing with the spending power at Old Trafford, to avoid a
bidding war that will push the
prices even higher.
The striker is said to be set for talks with his former club, as they are supposed looking to trigger his buy - back clause, while another source claimed Real Madrid are looking to drag Manchester City or Chelsea into a
bidding war with us, to boost his
price - tag.
That way we could haggle more on the
price and not get involved in a crazy
bidding war.
So if EuroSport and Qatar Sports network (beIN Sports) get serious into the
bidding war the
price of the three year deal might soar upto # 4.5 billion for the 2016 - 19 deal.
The 26 - year - old is believed to be Chelsea's main transfer target but the European champions could be
priced out of a
bidding war with City, especially if Mancini has extra funds at his disposal following any potential sale of Balotelli.
Other people aren't so creative which always works in my favour and in this case there was no real
bidding war and I won it with one
bid, within the
price range I was willing to pay and a happily a
price my hubby wouldn't commit murder over!
These numbers have been on the rise as more people sign up for What's Your
Price and start
bidding wars for first dates.
RM Auctions says that the race car started a feverish
bidding war, and that the crowd erupted in applause and a standing ovation when the final
bidding price of $ 11 million was reached.
Only at Queens Auto Mall will you be able to buy a quality pre-owned vehicle at a low wholesale auction
price, without the stress of a
bidding war and more importantly, the ability to test drive the vehicle before you purchase.
The industry is entering a period of dramatic
price wars in a
bid for your consumer dollars.
And when publishers have gotten into
bidding wars over self - published books,
prices have skyrocketed into the millions of dollars.
If you face a
bidding war with multiple buyers, your offer should exceed the asking
price to increase your odds of acceptance.
She won a
bidding war with a lower -
priced offer because her realtor understood the power of psychology.
Abbasi: For sellers, it may mean saying goodbye to
bidding wars and adjusting our expectations for sale
price and the length of time a home sits on the market.
After a few years of easy pickings, some homebuyers are again facing
bidding wars with competing offers beyond the asking
price.
Without
bidding wars you wouldn't have houses selling for $ 10,000 or even $ 100,000 over asking
price.
When these conditions occur,
bidding wars will drive up
prices as multiple offers come in on sought - after properties.
Amidst the debates and finger - pointing, potential buyers grapple with ever - increasing home
prices and this has pushed some first - time homebuyers in Toronto and Vancouver to move away from the city core and into the suburbs, sparking «crazy»
bidding wars.
Since most people consider it a bad time to sell, there's less inventory at this time of year and, as a result, I've seen some of the fiercest
bidding wars in January and February — of course, this depends on where your home is located and the list
price.
In a competitive neighborhood with a lot of interested buyers you may be forced into a
bidding war where the list
price is intentionally set low and buyers compete.