Multiple offers
I listed a house at a price that I thought was a little on the high side. With the holidays, slight climb in the interest rate, and a supposed slowing of the market, I thought it might take a few weeks to sell.
I have three offers on the property within 5 days on the market. Two of them were full price offers.
I am not by any means an optimist. I am fully preparing for a downturn in the real estate market. But it just isn’t happening from my experience. There is more demand than supply. No matter what people or media are saying, I am not seeing any drop in prices at all.
Elliot Said,
January 12, 2006 @ 12:26 am
You should list at a higher price!
Katy Lee Said,
January 12, 2006 @ 12:46 pm
It’s a good thing to have multiple offers so the seller can choose the best one; I am not complaining. He can also counter offer and still get a higher price.
Listing at a higher price may not have gotten us any offers.
(Sorry for the previous deleted comment. It was a technical error!)