When dealing with multiple offers, price isn't the only consideration

Dealing with multiple offers

You may think that having to deal with multiple offers on your home is a
wonderful problem. After all, there are so many buyers clamouring to 
purchase your property!
The challenge, however, is picking the best offer – and that isn't always the 
one with the highest price. 
Most offers come with conditions, such as "conditional on securing 
appropriate financing" or "conditional on the sale of our current property." 
You have to consider both the price and the conditions when choosing 
which offer to accept.
There are other considerations, too. What if someone makes a great offer 
on your home, but they don't have a pre-approved mortgage and they 
haven’t put their current home on the market? That kind of offer is risky 
because it is more likely than an unconditional offer to fall through.
So there's a lot to think about when you're in the seemingly enviable 
position of dealing with multiple offers. How do you select the right one? The 
answer is to have a good REALTOR® by your side to help you make the 
right decision!
Want more tips on finding and buying your next dream home? Call today.