When selling your house, offers mean someone is interested in your property and has prepared a formal offer to buy it. But what exactly is an offer and how do I determine which one is the best offer in a multiple offer situation?
An offer is simply a legal document that shows the price the buyer is proposing to pay, which may or may not be the same as your listing price. An offer will include other details, such as the requested closing date, and may also include one or more conditions, such as “conditional on the property passing a home inspection.”
Ideally, when you receive an offer, you will want to sell your house to that buyer for the highest price possible. In addition, you’ll want to make sure there are no potential problems that might prevent the deal from closing – such as the buyer being unable to arrange financing. It may sound complicated with one or more buyers.
Don’t worry. As your real estate agent, I’ll take care of all the details. For example, I will:
- Review the offer with you and explain everything clearly.
- Give you my professional assessment as to the quality of the offer. If there are things that concern me, I’ll point them out to you.
- Advise you on whether to accept the offer, reject the offer, or make a counter-offer.
- Prepare a counter-offer, if necessary, that gets you a better deal, without risking the sale slipping through your fingers.
- Skillfully negotiate with the buyer on your behalf, so you sell your house for the highest price possible.
- Prepare all the necessary documents, and work closely with the buyer and his or her agent, to make sure the transaction goes through smoothly.
- Communicate with you throughout the entire process. You’re never in the dark when you work with me.