Multiple Offers City

The days of multiple offers is back. If you are a buyer and you feel like you keep "hitting the wall", as they say, with putting in offers on homes and being out bid, you are not alone. I just want to post this so that you are aware that there are a lot of homes that have 10, 20, even 30 offers in on them and most are over asking price. There are options of how you can work with this type of market, but it is very important that you are using a local realtor to work with you. The relationships we build between us can help when putting an offer in on a property. All things being equal with two different offers, if I know the realtor selling the home, and the other person's realtor is from somewhere else and they don't have a relationship with the selling realtor, they may choose to work with me just because they know me. Why you ask? Because I may have worked on deals with them in the past and they have the knowledge of how I work, whereas they are unfamiliar with the other realtor and that person could potentially be a bad business risk.  So, look for a local realtor during these times of multiply offers so that you have better chances of getting the home you put the offer on.