Tips on how to Win Bidding Wars in Real Estate The following interview with Randy Selzer was originally published at www.thecrazymind.com How many years have you been in the real estate market and what is your background? I have been working full time in real estate for 22 years. I am currently with a large Canadian franchise, Sutton Group, and prior to that I spent several years at RE/MAX. I started my career with Century 21. What are the tips for buyers facing a hot property and real estate market/situations? The current market is extremely hot, and a difficult one for buyers. The first advice I would give is to set a budget, and then stick with it. Get pre-approved at the bank, as it's essential that you know what you are qualified for, in advance. Find an agent who has extensive experience in how to best manage your interests in a bidding war. How to win? Each multiple offer is different. Factors include the asking price point of the h...