winning multiple offers
The biscuit recipe for Sacramento home buyers that is guaranteed to drive multiple offers in the Sacramento real estate market goes like this: add 2 cups of a highly desirable home in the right location, perfect condition and priced well, toss in a pinch of salt representing all of the other homes for sale in that particular neighborhood (none), stir in 2 teaspoons of pending sales, cut in a stick of low interest rates and blend well with a cup of eager Sacramento home buyers. Drop on to a Sunday open house and bake at 400 degrees for 15 minutes — within 2 hours they’ll be history.
What do you do when the home of your dreams comes on the market on Friday morning, and the seller has an Open House scheduled for Sunday? This situation tends to freak out home buyers in Sacramento because they worry that some other buyer will come through that open house and snatch away their dream home. It’s a valid concern. In this seller’s market of limited inventory and high demand, it’s very common for a seller to receive multiple offers. So, what do you do? How do you get that edge that you so desperately want and deserve?