This is not an official stat from the National Association of Realtors.
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This stat is based on my experience, out in the field, working in Los Angeles.
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I always get multiple offers on properties that I am selling. Based on what I have seen during these multiple offer situations, about 40% of the offers are from all cash buyers.
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FYI 20% is the national average (according to the National Association of Realtors).
