Receive & Deal with Offers

Pick the Best Offer
In today's real estate markets property owners can expect to receive a number of offers for their homes. There is still a demand for good residential property, even if things have cooled off a little. Sellers of properties enjoy receiving multiple offers because it means they can push up the property price (because there is a demand) thus creating an opportunity to start a bidding war.

Knowing how to respond to offers will sometimes determine the price and terms you eventually obtain from the buyer. If you receive offers you don't necessarily have to accept the highest price, or the first offer.

You may prefer a lower priced offer because you are more comfortable with the ability of the buyer to make settlement and pay the necessary money, or because their terms are more attractive than an offer that is higher, but suspect.

If you don't like the offer received, you can make changes and send back a counter offer to the buyer.

Receiving an Unconditional Offer
If you receive an unconditional, full priced offer, your agent may b...