Let's face it, Marco Island is a great place to live. And these days competing with others who want to buy the same home is becoming more common. If you have not been in this position before, it can be a little bit uncomfortable and frustrating. So let's take a look at why this happens and how you can turn what seems like a problem into an advantage for you.
Why are there multiple offers on a home? Pretty simple equation of supply and demand. Right now there are less homes on the market and more buyers are coming out. This means that they are choosing from a more limited inventory. For homes that are in IDEAL conditions and in DESIRABLE areas, the likelihood is higher that sellers will be considering several offers at once.