Monday, April 19, 2004

Multiple offers!

In our real estate market, multiple offers on new listings are the norm. Many times the listing specifies that the seller will look at offers on a certain day and time. How do you compete?

The seller will look at all offers. Your offer will include a price, and terms. You will want to discuss your offer strategy with your realtor. And, your realtor should be able to guide you through the multiple offer process. Each offer and seller is different. You will want to find out as much as possible about the seller's situation, and how you can match their desired terms (closing date, etc). Many times this can be the difference in the seller's decision.

In this real estate market you can be the successful buyer - even in a multiple offer situation!

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