How to best handle multiple offers when you are the Seller. Your Agent’s company may have a variation on this policy; still it is good practice to request a Manager or third party be present. The Manager may ask the buyers’ agents and you to come to their office since they will be overseeing the multiple-offer process.
multiple offers: the seller, the buyer & you! The following material was prepared by William Johnston for OREA’s Continuing Education Program and is reprinted with permission of the author and the Ontario Real Estate Association.
Review buyer ‘extras’. Getting multiple offers when you sell your home can be exciting. But by considering all parts of the offers, including price, contingencies and ability to close, you can successfully handle multiple offers on your house and sign the best contract.
Multiple offers can be challenging, but if you will follow the simple guidelines above, you may be surprised how often you’re taking a closed transaction check to the bank. These suggestions just scrape the surface of the possibilities that multiple offer situations can offer.
The amount of the deposit is variable. In a multiple offer situation, the larger the deposit can indicate to a seller the serious intent of the buyer to purchase their home. Make a Large Down Payment. Putting a large percentage down towards a home can create an advantage for a buyer in a multiple offer situation.
Sellers have several ways to deal with multiple offers. sellers can accept the "best" offer; they can inform all potential purchasers that other offers are "on the table"; they can "counter" one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can "counter" one offer and reject the others.
and they handle the ongoing customer service after the loan is settled. Some brokers do charge a fee for their services, but these brokers generally offer services above and beyond sourcing home loans.
It could mean that this press car has been tuned to produce extremely impressive performance numbers in hopes of selling more cars. Stay tuned to find out whether future supras manage to match this.