In an area with high demand and limited availability, assuming that the home owner wishes to secure the best sale price possible, then I would certainly ask for offers in excess of.
Very few houses come on the market in my part of the world...on my cul de sac estate of 13 properties, only one has come on the market since 2011. We all receive notes on a regular basis from individuals wishing to buy.
In the immediate area two homes have come on the market in the past 6 months. Both advertised as offers in excess. Friends selling one even had a virtual tour by an agent on behalf of a Canadian who wishes to move funds overseas. Both sold for 20% + over the in excess of price.
Sealed bids seems de rigeur in my part of the world
Last edited by: legacylad on Tue 10 Aug 21 at 07:31
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