Multiple Offers

I've lost out on three deals in the last week on properties where it attracted multiple offers.

Home prices were $350K, $580K and $450K.

I am losing out to buyers with all cash offers.

it seems like there are more people looking to buy now then there were at the beginning of the year. The rates are really good but it doesn't do any good if they are paying all cash.

Banks like the fact that they could close quick and they don't have to worry about losing deals due to appraisals.

It's frustrating but it's something that is working well with those that have clients who are making all cash offers.

I guess that means that your offer has to stand out amongst all the cash offers.