Currently, multiple offers are common on any correctly priced home under $740,000 in any neighborhood. The main reason is low interest rates and low down payments. Don't know if your home is in that price range or not. I have even received multiple offers on homes priced over $1.0 million. It all depends on how it is priced and how is it marketed.
As a home seller (which your profile says you are) you need to make sure to price no higher than the mid-range of Fair Market Values. Your home must appear to be a great value to the buying public. That will attract lots of buyers and lots of buyers usually means multiple offers. Once you are in that wonderful position of having more than one buyer wanting your home, you are now in the top negotiating spot and should end up with a great price for your home. Dare to Dream.
Shel-lee Davis, CDPE
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty