Updated: Feb 18
Multiple offers are common in today's market. Although many buyers put their home searches on hold during the coronavirus pandemic and shutdowns, the buyers that did make a purchase during the height of the pandemic found low inventory which made for fierce competition.
In fact, REALTOR magazine reports that during May, a full 50 percent of offers faced competition.
Takeaway? If you are thinking of selling your home, now may be a great time.