Posted on March 29, 2016 - 05:36 PM
by Meridee Escalera
Multiple Offers: The market is super hot right now so you may run into a multiple offer situation. If there are other offers then you will want to go ahead and offer the highest amount you are willing to pay in order to win the bid. If you are first to put in an offer and other offers come in, the listing agent typically will let your realtor know and you will have a chance to revise your offer. You may even want to consider going above the asking price. I have won some bids by just going $100 over the asking price. Normally the seller will just pick one and go with that offer or occasionally pick one to counter with. If I am working with you, I advise you through the whole process.