How to Handle Multiple Offers on a House
AuthorAmanda Dodge. Date:
You might receive multiple offers if you have a desirable home in a seller’s market. This is the dream for most homeowners because it means you can move forward with the sale process and don’t have to keep scheduling showings. However, it can be hard to evaluate multiple offers and choose the best one. Your real estate agent is required to present any offer to you, but they can’t tell you which one to choose. Picking the wrong offer could mean losing money or dealing with difficult and unreliable buyers. Your real estate agent should review each offer with you and identify which criteria are standard in your area and which requests are unique or unexpected. This can provide context about the offer. Use this guide to learn how to handle multiple offers on a house so you feel confident moving forward. 1. Review Offer Terms The first step is … Continued
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