In a Bidding War, Sellers Often Think About More Than Just Money.
Posted by Cary W Porter on
By Judith Crown
Help Sellers Choose Between Multiple Offers
Juggling multiple offers is an enviable problem to have, but it isn’t always easy territory to navigate. For clients who think the highest bid is the default choice, it’s important to explain that price is just part of the calculation. Other factors include move-in timeline, potential appraisal and inspection contingencies, the amount of earnest money a buyer is willing to put down, and negotiations around home repairs, among other issues.
When Less Is More
Some sellers come into the process with priorities that are more important to them than the sale price. Make sure you know what those are at the start so that you can help weed out bidders who are not able to meet the…
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