Last week of the year is a great time to buy!

[Cal C.]

Ok.  So this is a little late for this year, but it is fresh in my mind and I'll try to remember to refresh the thread in early December next year. 

Anyway,  I've been seeing a lot of competition lately and even though I've been well above asking price I've been missing out as recently as last week (twice).  However, that changed this week.  Normally, I just put in a bid as a placeholder and then place my highest and best offer once other offers come in.  This week on two properties my placeholder bids were the only bids.  

The two properties I have under contract are exactly like the ones last week that garnered multiple offers. These houses are from a very large institutional entity and I believe they have instructions to accept any bids within a certain criteria. I'm not getting a great discount off of the asking price, but they are still great deals compared to the ARV.