Part of it is not just the dollar amount but the strength of the finances. Percent down, credit score, cash reserves etc all factor in to the ability to close and close on time. If you had a handful of those 12 offers being all cash its gonna be hard to beat them with a financed offer. Sellers really like the security of knowing the closing will happen.I offered above list and "was competitive" but won't know the final number until after it closes. Sellers agent is pretty tight lipped about it.