It's all perception and location, right?   I had a similar discussion the other day -- Hmm, only twelve offers, I would have thought more.  

Yes - you should expect to get at least 40!!! 

Only if you were expecting 30!  It is crazy but enjoy the ride. 

Not nice - I almost spit out my coffee when I read this question! 

WOW -  I've never been in a Seller's market EVER! 

My Sellers would collapse of a heart attack if this ever happened.  Congratulations to you on what will be a fantastic sale for you and your Sellers! 

That's crazy.

Ha! Thta is so hard to grasp that you have been dealing with this kind of market for months. The only properties here with more than a couple of offers are REOs. Enjoy the ride.

Last two listings I had-13 offers on one and 12 on the other. These are both under $200K, which is very, very hard to find in our market.

No ... the bay area is nuts. The bay area and NY I always feel are inflated and a bubble, but there is so much money there and demand it never seems to happen (2008 - 2011 excluded).

that's nuts.... you'd need to present that on an excel spread sheet!!!

We have reached double digit offers lately on Cranford homes. Crazy days!

I hardly think so. That old adage "RE is local" looks like it's alive and well in your neck of the woods. Can't say that about a lot of other areas though.

Wow, not something I am familiar with. This is a real case of multiple offers. Choose wisely!

LOL - I don't know that market so you tell us - sounds like a good day to me :)

Wow! I am like others and just thrilled for 1 good one! 

That is great! Congratulations! We listed a house few days ago and received the first offer the next day. I guess, if the property priced right, it gets attention. 

Depends on a the price but sounds like plenty to me,

Good for you! Sounds like it's slowing down LOL

Only if you would have received 40 a few months ago Kathleen Daniels   Sounds like you are sizzling hot.  Kudos.  Mark

That is a lot of offers to juggle. I had 11 and thought that was a lot!!

No, I don't think so...that is huge!

18 the highest that I have heard here lately, of which all but 6 were cash. 

Kathleen, Here I'm usually just happy to get ONE good offer :)

Sounds like a great home that was priced correctly.

No. I would pull the plug if I had 20 offers as long as seller agreed. We can change status to " Temp Off" , or at least write in Remarks that 20 offers are already received.

I wouldn't think so, at least in your area! Good luck

Don't think so.

Wow! 20 offers on one property? That's fabulous!  Sounds like a Great Market and a Nice House for Sale!  Bet  you wish you had 10 more of those properties! 

That's great Kathleen Daniels 

Well a sale is imminent that's all I know

OMG what is normal - 20 sounds like a lot of offers to me!  At our hottest times we averaged 15 to 20 offers, rarely more then that.

If you got 40 on the last one then yes, but I'll take 20.

Congratulations on the 20 offers Kathleen!! 

I am happy to see 1 offer here.

If that is a soft market I will take it in a heartbeat! Have a wonderful day!

Only if the norm is 40!  Congrats and good luck keeping those all straight in the seller's mind!

LOL   really

It sure doesn't sound like it.

It is softening in the condo market a tad here, not as many multiple offers in condos, but houses are still selling in multiples. I think it's a sign of cheaper money cause more to go for houses over condos.

What a mad house that's gotta be !

You are speaking of San Jose; an extremely strong market area. Tell me that in a rural area in the 'Heartland' and then that would be an indicator.

Be thankful for the opportunity to experience this.

I can't even comprehend that kind of market. It must be difficult for you. I mean that...really I do. 

I am not familiar with the San Jose market so I cannot comment.

That is a lot of offers.

Wow!!!   No other words.

Hi Kathleen

Just to be clear, was your question sarcasm? Twenty offers on a property in my market would be signs of a strong market. A softening market is one where offers are scarce. If 20 offers in your market is soft then you must receive 40 offers on a property to consider it a strong market. Where are you? It's time for me to move!

well, it would appear not...:)

Kathleen Daniels It should be a good market.

I would think not, but every market is different.

There's one bit of information necessary for us to be able to answer this question; how good of an offer is each one of those 20 offers? You see, if 20 people come in close or over the asking price (very common in my market place), those offers are driving a strong market forward. If most of those offers are ridiculously underpriced then we know that either the property was overpriced or the market has shifted. In 2008 I would get plenty of offers on a property and most of them were ridiculous, low-ball, blatant insults to the seller. Fast forward to today and I had 19 offers for a one family home in Glendale Queens, and 16 of those were over the asking price, all within 24 hours from the first showing.  We are closing on August 10th for a price point that went well over the asking price. So, are we talking about 20 good or 20 bad offers?

[George L. Rosario, NYC's Hometown Realtor, Coldwell Banker Kueber, the Rosario Shalomayev Team, #glrosario #RosarioShalomayevTeam]

Kathleen - I would say that is still pretty darn good. I got three offers on my last listing and thought that was good. Doesn't seem like a softening market to me.

ONLY if you got 21 or more offers last year for a similar home. 

No.

That sounds like a dream come true for any seller. Great job!

Huh? How many were you expecting? 20 here in Charlotte where the market is quite hot would be considered phenominal!