Seller Tips For Evaluating Multiple Offers

Seller Tips For Evaluating Multiple Offers

Seller tips for evaluating multiple offers...

Are you thinking about selling your home? In today’s real estate market, it’s common to receive multiple offers on your property. Here are a few different approaches you can take when you receive multiple offers:

  1. Accept the best offer. The best offer is the one that nets the most to the seller, after seller concessions. Or, if you’re hoping for a fast closing, an all-cash offer may be preferable to a higher-priced offer reliant on mortgage financing. Choosing the best offer is the easiest course of action, but you may regret the possibility that you left money on the table later.

  2. Inform each buyer’s agent there are multiple offers. This will encourage all buyers to put their best offer forward. However, it may also have the opposite effect, discouraging buyers who don’t wish to compete.

  3. Counteroffer the best offer, and inform them of the multiple-offer situation. This can be quicker and more direct than waiting to hear from all the potential buyers. However, it is possible that you may miss out on receiving a better offer from one of the other potential buyers, and there’s no way to know unless you give them the chance to compete.

If you’re ready to sell, I can help you navigate multiple offers and make sure your home sells for the right price. Call me today for an appointment!


Nashville, Brentwood, Franklin Properties for sale Dianne Clayton

 Exit Realty of the South   1227 Lakeview Drive   Suite 1   Franklin, TN  37067

615-550-5555     Office                 615-207-0037     Cell

Each Office Independently Owned and Operated

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Phone: 615-207-0037
Dated: October 19th 2017
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