MULTIPLE OFFERS

I think you’ll all agree last year was a pretty crazy year, especially when working with buyers in multiple offer situations.

Now think about this, we are entering 2022 with 9,000 less homes for sale compared to this time last year.

My point is… 2022 is going to be another year of multiple offers.

​Total inventory Dec. 2020 was 24,699 (down 26% year-over-year)

Total inventory Dec 2021 is 15,669 (down 36% year-over-year)

Please read and share the following 2 articles with all your clients.

The first is from the Jan 2022 Michigan Realtor magazine. Gail Anderson explains how and why buyers get frustrated with the home buying process in today’s market. Plus why it’s more important than ever before that we educate our buyer clients.

​​HOME BUYING LAWS

The second is a primer from the Michigan Association of Realtors.

The primer does a real nice job of explaining what a seller can and can not do in a multiple offer situation.

​MAR – MULTIPLE OFFERS

​​​If you have any questions, please feel free to contact me anytime.

I am always here to help.

Thanks!

Craig​