TIP # 4 - BUYERS - ADJUST YOUR NEGOTIATION EXPECTATIONS
If you're wanting to put in a low ball offer...you probably are wasting your time in this environment, and possibly risking the chance of being eliminated all together. To keep bidding wars out of reach give back counter offers quickly. As much as you don't like bidding wars, they do happen. If you get the opportunity to experience one, be prepared to pay more money. Have a few other homes on your list so it's a little easier to walk away.
Ever heard of the saying..."good things come to those who wait"? Exactly! This brings me back to the beginning...
Tip #1. Get a Head Start. Time can be your enemy, but it can also be your friend. Take advantage and start early!