My Rivermark condo got 21 offers!
This is a milestone in my career. It is the highest number of offers I received in my real estate career: 21 offers on this short sale listing. Been on the market 10 days. Of course, the fact that the owner has tremendous taste and the property shows better than if a professional stager had set up the place helps. However, in the end, its all about planning.
Planning to make sure the listing is plastered all over the net and can be found any where. Planning to make sure that all of the local Realtors know about it so they can get their clients interested. Planning to make sure there is a sense of urgency so that people want make sure they don’t want to miss out on the chance to own it. Planning to make sure that the price is right and it drives multiple offers. Planning to make sure that the buyers will stay engaged and not want to pull out of the deal. Planning to make sure that the lenders who own the mortgage will see that the offer submitted will be better than market price.
Many think these multiple offer situations happen by accident. The truth is, there is excessive planning involved to bring these “accidents” to fruition.
