How to Handle Multiple Offer Situations as a Seller

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Josh Heneveld with Premium NW Real Estate Team Podcast

News & Politics


How do you select the right offer when you receive a lot of competition on your listing? One of the biggest factors is working with the right agent, who will be able to help you decide. Click here for a full home searchClick here for a free home value reportWhen you’re selling your home, how can you handle multiple offer situations? There are a lot of components that go into an offer. This can make it difficult to know what you should look for in offers, especially when you’re receiving several on your listing. The most important thing is to consider what you need most as a seller. Good agents will help you discern this and will ultimately guide you to creating a win-win situation. One thing to consider in an offer is the amount of earnest money a buyer is willing to put down. This amount can show you how serious they are. Also, think about the type of financing the buyer is trying to acquire. Sometimes, your agent will actually call the buyer’s agent to discuss the finer points of the offer. This makes sure that everyone is on the same page.      The right agent will be able to make sure that you can navigate any situation smoothly and quickly.Additionally, it’s important for you to realize that a cash offer is not always better than a mortgaged offer. A qualified Realtor will be able to help you choose the right offer.A few things you might consider about an offer have more to do with your own circumstances. For example, if you are buying another home following the sale of your current one and need to make this contingent, you might consider the flexibility of a given offer.I could go on all day about the scenarios you might run into. The right agent will be able to make sure that you can navigate all of these situations smoothly and quickly. They will also help you get top dollar for your listing.If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.