what is a bidding war?
Bidding War. A process in which two or more parties attempt to get their offer accepted by a seller, usually by making repeated offers at higher amounts. More On Bidding War. A bidding war is a process in which two or more parties attempt to get their offer accepted by a seller, usually by making repeated offers at higher amounts. Bidding wars are sometimes purposely sparked when sellers set an asking price thatâs below market value.