What to Look For as a Seller During Multiple Offers? | Sellers Guide to Review Offers

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In a seller’s market when the number of viable buyers vastly exceeds the number of available properties it’s common for homes to receive multiple offers. For buyers, it can be a challenge to compete with other interested parties. You’ve found that diamond-in-the-rough house, but so have five other people and they’re just as qualified and determined as you! To help you come out on top, let’s look at the offer process from the perspective of the seller: What to look for as a Seller during multiple offers? Let's get into it.

• Accepts the most favorable offer
• Different Types of Financing
• Different Types of Approving
• Flexibility in the Closing Date
• Considering Where is the Lender
• Different Agents to Work With
• Different Types of Contract
• Escalation Clause
• Appraisal Gap
• Risk to the Contract