Multiple Offers?

There are multiple markets in the Bay Area and I am sure the percentage of multiple offers varies among those markets substantially. I do see some multiple offer situations, these happen when the home in question is clean, priced a little below market price and it is a type of home and neighborhood that has demand. I see a lot more homes that were initially overpriced chasing the market down. In other words the headlines blaring the news that prices are about to jump because there are hordes of qualified buyers bidding up prices is a crock. If you clean the place up and price it a little low you are likely to have a sale quickly and you may get multiple offers. If you don’t, you won’t. There are plenty of qualified buyers, they are for the most part well informed and often better informed than the agents representing them because they have been watching a particular neighborhood for years. Price it right if you want a sale.

This entry was posted in Macro Trends and Analysis on by .

Free Updates!

Tom Stone

Contact Info:

Real Estate Agent

(707) 364-2477

Creative Property Services

Sebastapol, CA

DRE #:01479497

Connect With Me:

About Tom Stone

I am a Broker Associate with Creative Property services (CPS) in Sebastopol Ca. My father was an Appraiser and expert witness based in Oakland Ca for many years and I grew up having the basics drilled into me. I enjoy what I do and I am good at it. I managed income property in Oakland for a number of years and was licensed to run a collection agency for more than a decade. I have also worked as a credit manager and as the senior collector at the test center of a Bank . I have been commenting for years at "Calculated Risk" and on other Real estate Blogs including the defunct "Sonoma Housing Bubble" Blog. The best job title I ever had was "Chief Garbler". My Email Address is "" and my cell # is (707) 364-2477, please don't call before 7 AM or after 8 PM unless we have a deal in progress.

Read All posts by

Leave a Reply