Want to sell your home? Get a FREE home value report.
Want to buy a home? Search all homes for sale.
Today, we’re talking about how to manage multiple offers. It’s a great time to sell your home, since the North Delta market has low inventory and high demand. That said, you’re not going to receive multiple offers if you hire an average agent who sticks a sign in the yard and lists your property on the MLS alone. Hiring the right agent is key to getting the most money for your home.
Let’s assume you’ve hired an expert agent who has marketed your home and created a lot of interest in your property. Now you’ve got multiple offers. What do you do?
First of all, review each offer. Don’t commit to the offer with the best price. Compare the offers and figure out which buyer you can negotiate into a position that will be best for you. That can mean looking for the best price, but it can also mean looking for the best conditions or the best dates. When would you like to move? Do you need to rent back the property? Ask yourself which buyer is the best fit.
Once you’ve selected an offer, make sure the buyer is financially able to purchase your home. Simply accepting the offer and negotiating assuming that the buyer’s financing is in order is not a good idea. You want a buyer who is pre-approved for financing so you know they are able to purchase your home.
Finally, in a market like this, you need to have a backup offer in the event that the first deal falls through. That way, you don’t lose any momentum and your home’s value remains high. You can still sell your home for the most amount of money at terms that will be acceptable for you.
If you have any questions about today’s video or about real estate in general, give us a call or send us an email. We would be happy to help you!
Let’s assume you’ve hired an expert agent who has marketed your home and created a lot of interest in your property. Now you’ve got multiple offers. What do you do?
First of all, review each offer. Don’t commit to the offer with the best price. Compare the offers and figure out which buyer you can negotiate into a position that will be best for you. That can mean looking for the best price, but it can also mean looking for the best conditions or the best dates. When would you like to move? Do you need to rent back the property? Ask yourself which buyer is the best fit.
Once you’ve selected an offer, make sure the buyer is financially able to purchase your home. Simply accepting the offer and negotiating assuming that the buyer’s financing is in order is not a good idea. You want a buyer who is pre-approved for financing so you know they are able to purchase your home.
Finally, in a market like this, you need to have a backup offer in the event that the first deal falls through. That way, you don’t lose any momentum and your home’s value remains high. You can still sell your home for the most amount of money at terms that will be acceptable for you.
If you have any questions about today’s video or about real estate in general, give us a call or send us an email. We would be happy to help you!
No comments :
Post a Comment