How Many Offers Does a Manassas Townhouse Get in a Seller's Market?
By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
How Many Offers Does a Manassas Townhouse Get in a Seller's Market?Despite the unprecendented times we are living through with the global pandemic of COVID-19, the Manassas real estate market is as hot as it can be. Buyer demand is high and there is not enough inventory, by far, to satisfy it.Listing 9400 Abingdon Court on June 25th (2020) for $285,000, I had prepared the sellers for multiple offers, but I was thinking three or four. We set an offer deadline for late afternoon on the fourth day it was on the market. By the time I had all the offers in hand, we had a total count of thirteen offers. Can you imagine? Two of the first three offers were competitive. Then, somewhere around the eighth or ninth offer, things got really competitive.There are two things listing agents hate ...