70-35 Broadway, Jackson Heights, NY 11372
4 Ways to Tell If There Are Multiple Offers on a Home Spring is finally heating up, and that means buyers will begin flooding open houses and looking for their dream home. For many, it takes a lot of time and energy to find the right property — and once they’ve found that dream home and prepared a bid , it’s quite possible there will be multiple offers for it. This competition will influence the final price, of course, and there’s no surefire strategy to determine the intensity of it. But here are four ways you may discern whether a home has multiple offers — or any at all. 1. Ask the Listing Broker That’s right! If you want to know about multiple offers, go straight to the horse’s mouth and see if you can get some indication. Of course, the broker that represents the seller is under no obligation to disclose whether there are multiple bids. As a matter of fact, a broker may be inclined to bluff and say there is “a lot of interest in the property” and that they expect m