Home Buying in 48336>Question Details

Shemia Canty,  in

if you see a home and you see the house before its listed, you find out information about the home and the next day the house goes on the market .

Asked by Shemia Canty, Tue Jun 14, 2011

Is it possible within that 72 hours there could be several other bidders at the same time.

Help the community by answering this question:


Yes, it is entirely possible to have multiple offers within the first day, especially with a home that is very well priced..
0 votes Thank Flag Link Wed Mar 28, 2012

Any diligent buyer's agent will be checking the MLS several times a day. Once a property hits the market that meets their cleint's specs they will get in offer in ASAP.

72 hours is not a long time if the property is priced right, in a good location, and in good condition.

If you see something you like, get an offer in ASAP!

In this case if you snooze you will surely loose. :}

Best of luck to you,

Kawain Payne, Realtor
0 votes Thank Flag Link Wed Mar 28, 2012
Yes, it is very possible in this market. It happened to me this week. A house went on the market Sunday, I showed it to my buyers, there were a total of 9 offers on it. Homes are selling very fast these days and the inventory is low. If you are planning on putting in an offer you need to have all your paper work in order. You must be ready or your offer will be ignored.

Good luck
0 votes Thank Flag Link Tue Jun 14, 2011
Hi Shemia,

Definitely. The market at this time is very competitive. The "good" houses are receiving offers very quickly (possibly on the first day) and more times than not receive multiple offers. We are no longer seeing houses languish on the market for long periods of time, unless, of course, it is overpriced or is not desirable for some reason.

Buyers are likely going to find the process of having an offer accepted very frustrating at this time. Although we are not in a "seller's" market yet, in many ways it is behaving as a "seller's" market rather than the strong "buyer's" market to which many buyers grown to expect.

Best wishes...don't give up.

Shirley Coronado
0 votes Thank Flag Link Tue Jun 14, 2011
Yes, it is possible. it must be a very desireable home.
0 votes Thank Flag Link Tue Jun 14, 2011
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