A bidding war can occur when multiple buyers are interested in purchasing a single property. Competing offers will likely cause the price of the property to escalate resulting in larger profits for the seller.
A bidding war can occur in multiple offer situations, where different buyers are competing to purchase a single property. Each buyer raises the offer price until one buyer is left.
Offers from multiple buyers for a piece of property. Agents also sometimes compete to list a house for sale.
Multiple offers to purchase a piece of property or a house or competition between realtors for the listing of a piece of property or house.
Multiple, competing offers for a piece of property that escalate the price. Usually results in a happy seller.