So, you’ve found a property for sale that you truly love and want to make an offer on. However, you might discover that several people are willing to make offers, which can quickly escalate into a real estate bidding war.

While not uncommon, it’s no reason to panic, as there are a few ways to come out on top in these situations with a bit of out-of-the-box thinking.

Be Ready to Make Concessions

Many sellers will choose a buyer that isn’t the highest bidder simply because they are easier to deal with. Buyers who insist on old appliance removal or sellers making certain upgrades might require time and effort that sellers simply don’t want to mess with. Being agreeable to certain buyer terms can boost you up in the bidding war without spending more money.

Waive the Mortgage Contingency

If you don’t anticipate having any trouble securing a mortgage or plan to make an all-cash offer, you might be able to waive the mortgage contingency.

Buyers willing to do so often have greater success in winning in real estate bidding wars, even though it’s not as powerful a move as paying cash.

Try to Meet the Sellers Personally

While it’s not always possible to meet sellers face to face, take advantage of doing so if the chance arises and be prepared to make the most of the experience.

If you make a great impression upon the homeowners and establish a good rapport with them, this alone could boost your chances of winning a bidding war on a property for sale.