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rogan
I was speaking to our buying agent yesterday. There's nothing to stop you, but a number of things make your offer more attractive. The main thing is being able to proceed. Not having an offer of yours will count against you, but having your place listed and there being enough interested for offers to have been submitted it a positive.
How long has the place you're looking at been on the market? Do you know if the price has changed at all? Have they had other offers/many viewings?