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When a seller has received only one offer, they have less leverage. To raise the price on the one buyer who is willing and able to buy the home may mean losing the sale altogether.
No rule exists that says a seller must give all offers the same amount of consideration; if a seller gets an offer she likes, she can accept it right away. “The seller really has most of the
Do You Accept the First Offer on Your Home, Or Wait and See? The closer the offer price to your listing price, the better, but don’t get too greedy. A first offer within 10% of your listing price may be worth negotiating if all other components of the offer are sound. Cash vs. financing: Cash offers are more reliable than mortgage-backed offers since they guarantee a certain and swift closing.
How Sellers Screw Up Multiple Offers and How to Avoid It ? Narrow it down to the top 3 or 4 offers – If you do receive multiple offers, chances are it will be 2 or 3, not 5-10. If you do get 5-10, it’s usually best to narrow it down by vetting each offer and responding to the top 3 or 4 initially. If none of the preferred offers come to an agreement (which is unlikely), then go back to the others.
How Long Can a Seller Take to Respond to Your Offer? Most sellers (or their agents) will usually get back to you within a few days. “As a courtesy, the Realtor® will notify the buyer's agent when the …
Because an offer to buy at the list price with no contingencies addresses only two of the matters that buyers and sellers need to agree on, sellers are free to counter a “perfect” offer or even reject it for any non-discriminatory reason.
How to Win Highest and Best When Multiple Offers Are Submitted? Highest and best is when a seller receives more than one offer on a property, and they decide to give everyone a chance to submit there best offer. In the seller’s formal request, the seller gives each buyer a chance to raise their offer and a date and time all offers must be received by the seller.
How Real Estate Counteroffers Work? In some areas, sellers can counter more than one offer simultaneously. More than this, each counter can be different in terms and price, too. Generally, most real estate agents do not recommend that sellers make multiple counteroffers at once, as it could lead to two, legally binding contracts simultaneously.
In most instances, if you and the seller don’t have a fully executed purchase agreement, then you don’t have a deal. A spoken agreement is seldom …
Why Your First Offer is Always Your Best Offer? “The first offer is always your best offer.” Of course, this isn’t true in every situation, but there are reasons why agents believe this, and why they often suggest that sellers either accept the first offer or at least give it serious consideration. Get in the buyer’s head. To understand why the first offer is usually the one you
How To Handle Low Ball Offers In Real Estate? Remember, you’re the boss when selling a home. Whether you receive a low ball offer or a strong offer, only you can make the decision whether to accept a purchase offer or not. Always Respond With A Counter Offer. One of the biggest mistakes that seller’s make in real estate is not responding to a low ball offer. This is a huge NO NO!
How to handle a return request as a seller eBay? Offer a replacement or exchange if you're a non-managed payments seller: You may offer a replacement (another of the same item) or exchange (a different, but similar item) instead of a return. How to offer a replacement or exchange. Decline the return: You can decline the return request if you've stated in your listing that you don't accept
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