Q: How Should Homebuyers and Sellers Approach Multiple-Offer Situations?
Posted by Justin Cory on
Here are tips for buyers and sellers in multiple-offer situations.
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Right now, our clients are dealing with a lot of multiple-offer situations. This includes buyers and sellers, who need to handle the situation differently.
If you’re a seller who has multiple offers on your home, there are two common courses of action. The first is to simply work with the offer that you like best by either accepting the offer or countering. The second is to submit a multiple-offer disclosure to each buyer, requesting their highest and best offer and giving them a timeline.
For buyers, there are some different ways…
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