How to handle multiple offers- The Sellers Guide to Multiple Offers » Mortgage Masters Group

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The winning offer in a multiple offer situation in a buyer’s market is often less than list price. The number of multiple offers is generally considerably less as well. You might be competing against one buyer instead of 20. This can change your approach significantly.

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While the listing broker can offer suggestions and advice, decisions about how offers will be presented – and dealt with – are made by the seller – not by the listing broker. There are advantages and disadvantages to the various negotiating strategies you can employ in multiple offer negotiations.

Sellers have several ways to deal with multiple offers. Sellers can accept the "best" offer; they can inform all potential purchasers that other offers are "on the table"; they can "counter" one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can "counter" one offer and reject the others.

What’s your strategy for handling multiple offers for your listing? 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.

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.

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How to Handle Multiple Offers for Your Sellers When there are multiple offers in a real estate sale, your expert advice and your behavior with other agents plays a significant role.

Strategies for sellers to deal with multiple offers on a house. Accept the highest bid and reject the rest. This seems straightforward, but be wary: In Denver, one of the nation’s hottest housing.

How to handle multiple offers- The Sellers Guide to Multiple Offers Mortgage Masters Group Contents Multiple offer negotiations. Crime enablers: maine bar counsel punts 2019; miami gardens filers. chapter 7 quickly While the listing broker can offer suggestions and advice, decisions about how offers will be presented – and dealt with.

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