[onewhippedpuppy]

How do you go about starting a "bidding war" over a house? Unlike an auction, the other bidders aren't privy to other offers. Or does the realtor keep passing along the highest offer to the other realtors?

I'm just too cheap for that approach. Our house was the cheapest sale in our neighborhood by an easy $40k (over the last 5 years), despite being fairly large for the area. The house next door is currently for sale for 150% of what we paid for our house, and it's slightly bigger and fairly dated. I'm pretty certain (based on comps) that after I finish my basement and remodel the rest of the home we could make out pretty well.