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.
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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.
Learn how to handle multiple offers with the Good the Bad and The Ugly of Multiple Offers.Multiple offers are a good!! but there are some downsides as well. Source: How to handle multiple offers- The Sellers Guide to Multiple Offers
How should you handle multiple counter offers with multiple offers? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
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offers their seller-clients have made. Finally, buyers and sellers need to appreciate that in multiple offer situations only one offer will result in a sale, and the other buyers will often be disappointed their offers were not accepted. While little can be done to assuage that disappointment, fair and honest
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How to Handle Multiple Offers as a Buyer and/or a Seller during all seasons of Real Estate. We are here to help you! When you are ready to buy or sell. We hope you enjoy these tips and.