From a candidate perspective its very hard to evaluate what your compensation should be without first pooling multiple offers. Its also very hard to schedule many interviews in a short period such that the offer letters can be compared side by side.

For this reason I generally indicate a 1-2 week response time to an offer letter. I almost always come in before that, maybe around 2-3 days, but I find it absolutely essential to accepting a job to have that breathing room. Even if I lose out of some offers, its still a better investment to be patient.

For context I've been in the industry 6 years with 2 jobs and maybe 12 interviews to date. Currently going through interviews for $job-3.