Click Play to Find Out More! ->
Click Play to Find Out More! ->
So you’ve put in the work and finally received an offer or perhaps a plethora of offers to choose from, job well done and good show you cunning real estate magnate! It’s time close out the process by successfully completing the final steps:
1. Offer Breakdowns
Upon receiving offers, it is important to construct a table or diagram that illustrates the important elements of each offer in layman terms which usually includes the offer price, deposit(s), the closing date, items included, and any other pertinent clauses. Through this exercise, you can now analyze side-by-side the similarities and contrasts between each offer to either choose an offer that best surpasses your wants, reject the offer(s) if they do not suit your standards, or amend one offer, but not to fear each of these options will be thoroughly discussed throughout the process in person and in my next point!
2. Negotiating Your Best Interests
Buyer offers can vary in type, from low-ball offers, to cash offers, to offers riddled with clauses, and because of the many different types of offers this is where it becomes paramount to not only recognize your own standards for what you absolutely require in an offer, but to objectively analyze each offer so on your behalf I can best negotiate the best real estate deal possible. This could be as simple as accepting an offer that exceeds your expectations, but other options include agreeing to work with an offer (amend the offer and negotiate with the buyers to reach suitable terms), sending offers back with the request they be improved upon, or reject all the offers if they all turn out to be unsatisfactory.
Now that I have taken you through a brief synopsis of the seller’s journey, I have one last piece advice below for my friends who have been curious enough to check out my listing guide!