For the second time in 2 weeks I’ve presented a good offer on behalf of a buyer and lost out to a higher offer. The most recent was an offer at $3,200 ABOVE list price and asking for $5,500 in concessions to cover the buyer’s closing costs. (Net $2,300 below list price.)
At this point, the multiple offer situations seem to be mostly limited to the under $175,000 market, but I would expect this to trickle up in the near future as seasonal trends and first time buyer incentives combine to increase activity.
