Thinventory is a plague that has spread across the country...more Buyers than Sellers...homes disappearing from the "For Sale" column to SOLD in minutes or hours if the Seller(s) allow it. We tell our Sellers that more is better in terms of exposure...and while the "first one may be the best one " in term of offers...this is the kind of market where an overnight or two is likely to bring many more offers when more people are afforded the opportunity to see a home.
Yes...we do know that "with the Seller's permission...." you can divulge the price(s) offered in some markets...that is what is considered usual and customary,...not the case in southeastern Wisconsin. Here...at least in theory...no one but the agents involved, the Buyer and the Seller know who offered what price. When the sale has closed, the price is revealed to everyone...and not before then.
No amount of asking,begging and pleading will change the "Don't tell" rule. It is a protection afforded the Seller...What if, for whatever reason....the offer falls apart...now...the "new" market of Buyers may choose to make an offer based upon that one...with some sort of "logic" for offering a lower one.
Soooo know that it is not always "about the money:...that is the highest price...there may be other factors that a Seller chooses one buyer over another. Buyers...has your agent talked to the Listing agent about what is important to the Sellers? Is there an "ideal" closing window that you can meet ? Is a show of significant earnest money important ? Do the Sellers need to rent Back ? Without some knowledge of the Sellers situation..you may unknowingly not be writing your best offer. Buyers...be sure you hire an agent that has had the successful experience and training as a Buyers agent...it should not (in our opinion) cost you MORE...and if they tell you there is a charge to be a Buyer's agent...find a Realtor who considers it part of their job and does not have an additional charge.
Buyers..Happy House Hunting...with a qualified and dedicated agent.
This has been an educational real estate post brought to you by Sally K. & David L. Hanson, honored to be at your service for all things real estate in southeastern Wisconsin.