Four people want to buy your home – what do you do now?
With effective marketing, receiving multiple offers on your home is not uncommon. Today I’d like to answer three of the most common questions we’re asked regarding multiple offer situations:
1. What happens when I receive multiple offers? We deal with this situation every single day, even in a tough market. We’re pretty proud of the fact that we’re very transparent. Should you tell the buyer every single detail about the offer? Of course not. Once you weed out any definite “No’s” on your property, we’ll know which buyers are in your ballpark.
2. What’s my job as a seller? Keeping communication going and trusting your agent will resolve almost any potential issues. Communication is key.
3. How do I maximize the exposure of my home? There are a few different approaches we can take. You can decide whether to keep it on the market and just take the offers as they come, or you can wait to address all of the offers at one time. Either way, keep your lines of communications open.
When it comes to multiple offers, there are a lot of moving parts. Make sure whoever you’re dealing with has the experience you need and keeps you in the driver’s seat the whole way through.
If you have any more questions about multiple offers, or anything else related to real estate, give us a call or send us an email. We’d love to answer any questions you may have.