In Northern Ireland (I’m aware Scotland is different) we “bid” on property. This is great for sellers and agents as a bidding war often ensues
I’ve missed out on two recently because of this, and have wondered if just matching previous bids is something you can do, and if any forumistas have tried such tactics?
As an example, someone bids £100k, I bid £101k the other party bids £102 and on it goes
But if the other party start at £100k and I also offer £100k does it help or will the other party just then bid £101k, so all I do is the slow the same end result?
First world problems bla bla
In any other auction you have to bid a higher amount.
Would be surprised if different here but maybe NI property auctions are unusual.