Stephanie's Blog

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Multiple O's underway!

Offers...that is, Multiple Offers.

I haven't seen such large numbers of multiple offers in months. With my handful of first time buyers holding their own ont competition against investors for those lower priced homes of foreclosures and short sales, we are up to 7 offers on one property. Is that a sign of spring? Could this be a sign that the right combination of price, season, and rates are coinciding with buyer's readiness to make a move?

Short sales and Wells Fargo

Speaking of short sales, I'm working with Wells Fargo currently and I have to give huge KUDOS to Wells Fargo for their absolute communication and speediness with the process of this short sale!  This is the first time I've had this level of communication on a short sale. The negotiator I have is great. I hope all of you have similar responses with them.

www.stephaniejacques.com

 

Comment balloon 2 commentsStephanie Jacques • February 13 2009 12:18PM

Comments

I have three short sales with wells fargo and they are definetly on the ball right now.

Posted by Michael Wayne Jackson, Realtor - Senior Real Estate Specialist (Coldwell Banker) over 9 years ago

I have been seeing more multiple offers lately too.  If my buyers had not been the losers in the multiple offer situations I would be even happier about it, but I do think seeing multiples again is a good sign. 

Posted by Brenda Carus (Century 21 Zwygart Real Estate) over 9 years ago

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