Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Kristen Leigh Painter.

A field guide to handling multiple offers

Posted by: Jim Buchta under Buying Updated: July 11, 2014 - 12:22 PM

You've all heard the stories about the house down the buyers who were outbidding one another for the house down the street, what would you do if you found yourself in the same situation? The National Association of Realtors prepared a guidebook for agents that explains the practical and ethical issues surrounding multiple-offer transactions, but there's plenty of good information for buyers and sellers, as well.

This chart was prepared by the California Association of Realtors using multiple-offer data for that state only.

This chart was prepared by the California Association of Realtors using multiple-offer data for that state only.

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