How Much is the Other Offer?

The past few weeks have been busy. More multiple offer deals. So far this year I’ve sold 13 houses. Of those transactions, 9 of them have been multiple offer situations. In some cases I represented the sellers. In others, the buyers. The houses have been priced anywhere from the mid-$200Ks to the mid-$500Ks. Whenever I let my buyer clients know that another offer has been submitted on the property that they’re interested in, the first