The Bidding War Scam Millions of Homebuyers Already Fell For (Video)

In this 4 May 2026 published video, host Michael Bordenaro talks about how a massive 20-year study of 14 million home sales found that winning a bidding war often results in a financial loss. Winners typically pay about 8 percent more than the home’s actual value. Their annual financial returns are, on average, 1.3 percentage points lower than those who avoided bidding wars. Buyers who win these wars are 1.9 percent more likely to default on their mortgages due to the financial strain of overpaying. Some agents list homes 5 to 10 percent below market value specifically to ignite a frenzy and lure buyers into a trap where they emotionally overcommit.
https://youtu.be/mnbL66NoIEc
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