Here is another infographic you can use for a social media or blog post targeting potential contacts! Feel free to share this image wherever you like, it can be downloaded right below the image! This infographic focuses on the handling of multiple offers!
In recent years, 98% of sellers received multiple offers when selling their home. This is exciting but can be overwhelming during an already stressful time! Multiple offers can be a lot to handle because selling and listing a home already comes with a lot of decisions. On average, it can be safe to say that sellers will usually go with the highest offer. This makes sense as who wouldn't want the most for their home? Careful sellers sometimes decide who to sell to based on the mortgage qualifications of the buyers. Looking to buy a home for less than the listing price or right at it? A cash offer is going to be the best bet there and even then only 30% of sellers tend to accept Sometimes, timing really is everything and low offers are acceptable because they are put in quickly and/or the buyer wants to move forward quickly in the escrow process.
The facts state that homes are getting more and more offers as time goes on. This is especially true in areas where inventory is low! Prepare clients ahead of time to lessen the pressure. Agents will guide their clients through multiple offers to find the best one for the situation at hand! It is important to look at and evaluate all offers while making a decision.
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