I called an agent for feedback the other day and she said the buyers had lost out on a house recently because there were multiple offers. I did not give it much thought . It might have been an isolated incident.
I read the newspaper yesterday and was surprised to read that in Media, agents reported about similar incidents. One agent wrote about an escalation clause , ( words that I have not seen in 2 years. )
Based on conversations with others and reading some posts on Active rain, it looks like homes priced right are selling and sellers are getting multiple offers.
The spring real estate market is here and buyers have started thinking of Real Estate.
If sellers price their home competitively homes will sell quickly.
Real Estate is local. Consumers should look at statistics for their area as in some parts of the country homes are taking longer to sell.
For a free market evaluation of your home in Bucks, Montgomery or Philadelphia call Gita Bantwal 215-343-8200x124
If you live in other parts of the country I will be glad to refer you to an agent in the area.
When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.
Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com
She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email firstname.lastname@example.org
If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491
Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others in my post and comments is not to be construed to be legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.