Multiple Offers - What You Need to Know as a Seller

MULTIPLE OFFERS - WHAT YOU NEED TO KNOW AS A SELLER

In a competitive market, it's possible to receive multiple offers on your property. While this is an exciting position to be in, navigating the decision making process requires strategy and expert guidance. Here’s how I help my Sellers make the best choice!

Price vs. Terms – The highest offer isn’t always the best. A cash offer, fewer conditions, or a quicker settlement can sometimes be more valuable than just a higher price.

Finance Considerations – Some Buyers may have pre-approved finance, while others may still need to finalise their loan. Understanding the strength of a Buyer’s financial position helps us assess the certainty of the offer.

Subject to Sale Offers – In some cases, Buyers may need to sell their current home before purchasing yours. If this happens, we’ll carefully consider the details of their sale, including how far along they are in the process and whether it aligns with your goals.

Settlement Timeframes – Does the Buyer’s preferred timeline align with yours? A flexible settlement might be more important than a few extra thousand dollars.

Negotiating the Best Outcome – When multiple offers are on the table, all buyers are made aware they are in competition. They are encouraged to put forward their best price and terms, as the Seller can ultimately only accept one offer. This ensures we achieve the strongest possible outcome for your sale.

Of course, every situation is unique, and that’s why I’m here to help guide you through the process, ensuring you achieve the best possible outcome. If you're thinking of selling and need advice, I'd be happy to help.