Evaluating Multiple Bids

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Evaluating Multiple Bids


Competition for homes is high in hot markets. When you are a seller
faced with multiple offers on your home, how do you choose the best one?
Your real estate agent can help you compare and contrast the terms of
each proposal.

Look at the price of each offer and evaluate your net profit. Next,
consider the terms of each contract. How “clean” is each offer? Are
there contingencies that affect the sale, such as the buyers needing to
sell another property before they can finalize the purchase of your
home? Can you work out a mutually agreeable date for you to move out and
for the buyers to move in? Can you get reasonable assurances that the
buyers will be able to qualify for the financing they will need?

Your real estate agent can help you weigh the relative merits of each
offer, so that you can accept–or counter–the best one, and line up
another as an alternative.

Do These Real Estate Tips Really Apply to YOU? 

We’ve learned these tips through experience. But we know that YOUR situation might be different. That’s why we’re here. 

It’s
our job to personally advise homebuyers and sellers. Ask us if any tip
that we’ve included here really applies to your situation. 

Do
any of these tips raise questions for you? Didn’t find what you’re
looking for? Let us know! We are happy to answer ANY questions. It’s our
job! There’s no obligation, and we promise to get back to you
quickly…
 

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Q 

What price range is considered upscale or high-end in residential real estate?

A 
The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area’s annual home sales.

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Exit Realty Keystone
Exit Realty Keystone

5721 South Sherwood Forest Blvd.
Baton Rouge, LA 70816
Phone: 225-293-0001
Fax: 225-293-0002
sharlasossamon@NUMBER1EXPERT.com


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