Dreger, a trainer in Plainwell, and Hotchkiss, a chemical technician at Hammond Roto-Finish, discovered themselves competing with that high variety of potential buyers on their first go-round. Despite coming in at $15,000 over listing worth, they misplaced out to a money provide that got here in just before provides closed, Dreger said. Lucas mentioned it’s commonplace for clients to place in presents on at least 10 houses earlier than having a proposal received.

And the extra uncertainty, the lower the supply they might need to make—if they make one in any respect. “We typically can’t fairly figure out why that specific house is a lot cheaper or costlier than the rest,” says Stan Humphries of Zillow. At Zillow’s places of work in Seattle a bunch of youthful workers spend their days on Google Maps zooming in on pictures of houses that sellers have requested costs for, verifying that nothing seems …