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Posts from July 29th, 2020

Bend Premier Real Estate Blog

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July
29

Bend Home Buyers Need A Great Real Estate Agent to Work With

Ask any Bend real estate agent right now how the market is, and the answer will be "crazy." In this time of the Covid-19 pandemic, home buyers are flocking to Central Oregon and buying Bend homes faster than they can be listed.  This is resulting in a severe shortage of available homes for sale and in turn, a huge increase in the number of multiple offers on these properties.

Often referred to as a "bidding war," multiple offers can drive the price of a home up beyond the listing price and often the winner is the buyer willing to offer more money with better terms than the other buyers. Having an experienced real estate agent to work with is essential to help a buyer win the home.

Can't I Just Offer Low and Expect the Seller to Counter Higher? Supply and Demand

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