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Offers: How to Decide Which One Is Best for You. Guide Topics. Whether you’re the lucky seller with multiple competing offers to buy your house or you’ve just gotten your first nibble from a prospective buyer, you have a lot to think about.. a low appraisal is a very real possibility.
Instant offers is an option for sellers where Zillow acts as an intermediary between the buyer and seller eliminating the need for an agent to manage. Group an industry standard performance fee.
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· Whether you’re the lucky seller with multiple competing offers to buy your house or you’ve just gotten your first nibble from a prospective buyer, you have a lot to think about. When it comes to selling a house, there’s an old adage that the first offer is the best offer. That doesn’t mean there isn’t room to negotiate.
Before we get into how to handle multiple offers, let’s first discuss how you can increase the odds of actually getting them. One of the best ways of getting multiple offers in a strong seller’s market is to defer your showings for a short period. Deferring showings works like this – you list your home on a Monday or a Tuesday into the multiple listing service, but you don’t let anyone into your home until the weekend.
Here’s how to handle multiple offers: Begin by letting each Buyer know that you are about to receive more than one offer. Next, set a deadline and ask each Buyer to submit their highest and best offer to you in writing. Make sure each Buyer is aware of the deadline date and ask each Buyer to include a copy of their mortgage pre-qualification.
How to best handle multiple offers when you are the Seller. Your Agent’s company may have a variation on this policy; still it is good practice to request a Manager or third party be present. The Manager may ask the buyers’ agents and you to come to their office since they will be overseeing the multiple-offer process.
2019 Florida legislative session real estate changes The Florida Legislature meets in session every year for sixty consecutive days. A regular session of the legislature shall convene on the first Tuesday after the first Monday in March of each odd-numbered year, and on the second Tuesday after the first Monday in January of each even-numbered year.
Sellers in multiple-offer situations have numerous considerations to sort through. Once you’ve done your job explaining the pros and cons of each offer and providing information clients need to make an informed decision, it’s important to support whatever choice they make. In the end, the best offer is the one they are most comfortable with.
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