Yes, the sellers can look at multiple offers and make a decision that best suits them. That is why your offer most likely has an expiration time associated with it. The good news is, that should you miss out on this home, there are many great homes on the market in Colorado. If you'd like any feedback on areas in which you're looking I'd be happy to share what I know, or put you in contact with a local expert. Best of luck.

Ben Edgson
Highlands Ranch Mortgage Broker
Ben@bythebrookemortgage.com http://www.bythebrookemortgage.com

They can consider as many offers as they have in front of them until each of them expires. In my state if they counter-offer on more than one at a time things can get messy.

Just because they have another offer doesn't mean they will accept it, but you also risk loosing the house.

You need to weigh that against your desire for it and decide if it is better to give them your 'best' offer or tell them you will wait for them to deal with these other buyers and if it doesn't work out you may come back to the table. You would be in a better bargaining position then, if the house is still there.

Sure. That happens often. (At least in warmer markets, it does.) Sometimes, in fact, sellers will announce they'll look at all offers at a particular time on a particular day--for instance, 5 pm on April 15. In decent markets, or when the house is properly priced, it's not unusual to have multiple offers. And the seller will review them, not just to determine which is highest, but also which is most desirable. "Most desirable" can mean a lot of things, from the buyer's creditworthiness to the amount they have to put down to the timing of the purchase and move-in date.

Good luck.