My buyer clients and I are boggled by the competition for well priced homes in every price range!
A property was uploaded in the MLS late on Tuesday night. We viewed it at noon and found there were already three offers. We wrote our best offer! But we were just a couple of hundred less than a competing offer.
Not every house that is listed has this momentum. Properties well priced for features, location and condition; marketed well, shine out like a beacon! While properties marketed at the wrong price, leaving room for 'negotiation', stay on the shelf.
The adage 'buyers become experts in their price range" is more evident than ever!