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Writing Simultaneous Offers on Multiple Homes in a Competitive Market

Posted by Bonnie Martin Designated Broker on Tuesday, June 10th, 2014 at 8:26am. - The feeding frenzy of buyers and lack of inventory are creating a repetitive situation each weekend in many neighborhoods: new listings come on the market near the end of the week, so buyers and their REALTORS® scramble to see them and even pre-inspect before the weekend is over.

These multiple offers are reviewed on Monday or Tuesday at a pre-defined time set by the sellers. Buyers write offers at or above the list price, waive contingencies, and do every creative thing they can think of to stand out from the other buyers.

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