Is my offer the top offer? Need a realtors opinion!

[Michael Furey]

I'm trying to buy a house to flip and it's very competitive. Its in very rough shape, and it's been on the market one day. I submitted my offer this morning and we were informed there were already multiple bids. I submitted a very strong offer I believe and a few hours later was asked to provide the listing agent with my proof of funds and to sign a financing contingency waiver. They've already updated the MLS to say to submit best and final (after I submitted my offer already) and they will pick one on Mon.

What I’m trying to figure out is, would my offer be the top one they’re considering since they’re asking me for those papers? Or do you think they’d be asking all offerors for those papers? I wouldn’t see the point in asking everyone, just the top offeror, right?

[Taylor Dasch]

An offer without a POF pretty much means nothing to them, since they arent even sure you can buy it. I think you are probably in the running if your offer was strong but them asking for POF is not an indicator of their interest in your offer.