So normally this wouldn’t be such a big deal… but after having losing the last 5 good offers I’ve submitted on behalf of clients it was nice to actually have one accepted. Yes, that’s right, I just admitted to losing 5 in row.
But here’s the deal, 3 of those offers were 10-17% ABOVE above list price! And the other 2 were more or less equal to list price. So what is going on? Well, if you’re looking for a good deal they are certainly out there, but don’t think you’re going to steal something if you’re looking under 150-175k. If these properties are priced correctly there will be a buyer waiting, and sometimes there is more than one buyer ready to make a deal. I’ve recently seen as many as 15 offers for the same property within a 1 day window!