multiple offers: Why Your Offer Was Rejected
- 05/03/21 01:08 PM
Multiple Offers the Norm for Bend Real Estate Sales If your offer to purchase a home in this highly competitive real estate market was rejected, it often is because a cash offer was accepted over one with a loan contingency attached. According to a recent NAR survey of Realtors®, the presence of a competing all cash offer was the second largest reason for an offer not being accepted, accounting for more than 25% of all real estate transactions. Other buyers making a higher offer is still the major cause of rejection. Here in Bend, we are seeing similar trends with multiple offers … (5 comments)
multiple offers: How to Win the Multiple Offer
- 07/29/20 05:41 PM
Buyers Need a Great Agent to Work With Ask any real estate agent right now how the market is, and the answer will be "crazy." In this time of the Covid-19 pandemic, home buyers are flocking to rural and suburban areas and buying homes faster than they can be listed. This is resulting in a severe shortage of available homes for sale and in turn, a huge increase in the number of multiple offers on these properties. Often referred to as a "bidding war," multiple offers can drive the price of a home up beyond the listing price and often the winner is the buyer willing … (7 comments)
multiple offers: How Can You Win With Multiple Offers?
- 06/25/19 04:04 PM
Win The Home! You’ve saved and saved and are ready to buy your next home. You’ve scouted several homes and you have found THE ONE. It’s been on the market for six months and you start thinking this house has been neglected – but why? After a thorough review of current market data you submit a solid offer that day. The next morning your agent calls to tell you there are now multiple offers and the seller is instructing agents for “highest and best” within 48-hours and the seller will review all offers then. The home you dreamed about - where you’d put the sofa, … (13 comments)
Multiple Offers the Norm for Bend Real Estate Sales
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