Multiple offers

tugBuyers who have been writing offers and getting out bid or simply rejected, can learn from the following…

A seller will size up each offer and compare offers. The net to the seller is almost always the biggest consideration in the seller’s decision. The more requests for repairs and seller allowances the lower the net will be to the seller! Often the timing is a big issue; sellers often like a quick time frame so they can move forward without contingencies and having to make repairs and improvements requested by a buyer.  The more expenses and inconveniences to the seller, the lower down the seller’s list an offer drops.  If it is known there are multiple offers the buyer who keep the sellers costs and requirements a minimum have a greater chance of reaching a successful agreement!

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