Yes, in this Buyer's market, there are still ample possibilities of having multiple offers on a property. The key is pricing it very attractively. This blog is not about how to receive multiple offers on a property, but it is more geared for buyers - specifically if you are one of the multiple offer entries.
In the midst of multiple offers, be cautious! Because you know that there are multiple offers, many times, we get very involved in wanting a bite on it too. Since everyone wants it, it must be a great deal! Yes, chances are that it could be a great deal. But......... evaluate the property - if it is a great deal for you (and your family).
Go back to the basics. If you didn't want a LARGE yard to mow, it would still costs you more per month on hiring the mower to do that for you. If you didn't care for the odd-shaped kitchen and it does not fit your family's lifestyle, think carefully if it is a great house for you.
Calm down and re-think your evaluation. Sometimes it is truly indeed a great deal - in terms of price per square feet. But it is not just numbers that you are evaluating. A house you call home will have to fit your lifestyle, your tastes and your likings. Just because everyone else is jumping on the deal does not necessarily mean it is the deal for you.
