Renters in Bidding Wars – How Common is this?

I’ve read a few anecdotal reports of this, but apparently this is becoming more common.

A new phase in America’s white-hot housing market: Desperate renters facing bidding wars

How exactly does rental bidding work? Are people just calling the landlord and offering more? Anyone here ever been through this from the landlord’s POV? Looks like people are paying for rent up front in some cases for the whole year.

submitted by /u/CenterKnurl
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I’ve read a few anecdotal reports of this, but apparently this is becoming more common. A new phase in America’s white-hot housing market: Desperate renters facing bidding wars How exactly does rental bidding work? Are people just calling the landlord and offering more? Anyone here ever been through this from the landlord’s POV? Looks like people are paying for rent up front in some cases for the whole year. submitted by /u/CenterKnurl [link] [comments]

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