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Updated over 4 years ago,
Bidding Wars in this Sellers Market.....
Here's some things that have gone on here:
A single family detached house had 21 offers
A two unit property had 6 offers in less than 24 hours
A four unit apartment building had 11 offers
A buyer put in a $10,000 escalation clause with no cap, saying they would pay $10,000 MORE than the second highest offer
Perhaps you have similar tales from your area, I've never seen this strong a Sellers Market in my long time buying real estate.