What do you look for in a Multiple Offer Situation on your listings?
Well the first think you realize is that it is not your decision. It is the Seller's Decision.
So you point out the differences. They can be HUGE or they can be small. But it is the Seller's decision after all.
What is the net? But you can bet, this is just one piece of the puzzle for the Seller to analyze.
Is it financing or cash? Is the loan product suitable for the condition of the property?
What is the timing? What are the contingencies?
What is the probability of success? What is the size of the deposit? How does the loan preapproval check out?
What is the track record of the Lender? Ease of communication with the Agent?
The list goes on. But at the end of the day, it is the Seller's say, and that is the way it should be.
You'll Retrieve Golden Results with Cheryl Ritchie, RE/MAX 100, for your Southern Maryland Real Estate Services.
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