Posts from September 16th, 2019
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16
How to Navigate Multiple Offers on Your Home
Congratulations! You've found yourself in a position most sellers dream of — having multiple offers on your home. While this is a positive development, some sellers may be unsure of how to proceed. Should you choose the buyer with the highest offer or consider other options? There is no black and white answer — the best solution will be the one that fits your needs appropriately.
Our real estate agents have spent years negotiating Augusta homes for sale and have plenty of experience helping a seller manage multiple bids. We know this may seem overwhelming! However, this is a fantastic opportunity for you to ensure your needs are met and that you conduct a mutually beneficial real estate transaction with a deserving buyer.
Before you make a decision, we encourage you to consider these helpful tips:
- Look for Offers that Stand Out
Before you sort your offers into categories based on price, funding, contingencies, and preapprovals, we suggest taking a moment to acknowledge the offers that stand out. You can separate them into two piles: ordinary offers and extraordinary offers. Examples of exceptional offers are those with a personalized letter, those offering to cover closing costs and those having added an escalation clause. These small details can make a significant difference later on in the process.