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Accepting An Offer >Evaluating Multiple Bids

Competition for homes is high in hot markets. When you are a seller faced with multiple offers on your home, how do you choose the best one? Your real estate agent can help you compare and contrast the terms of each proposal.

Look at the price of each offer and evaluate your net profit. Next, consider the terms of each contract. How "clean" is each offer? Are there contingencies that affect the sale, such as the buyers needing to sell another property before they can finalize the purchase of your home? Can you work out a mutually agreeable date for you to move out and for the buyers to move in? Can you get reasonable assurances that the buyers will be able to qualify for the financing they will need?

Your real estate agent can help you weigh the relative merits of each offer, so that you can accept--or counter--the best one, and line up another as an alternative.

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Q	What is the longest construction time for a private residence?
A	The Winchester House in San Jose, CA, was under construction for over 38 years.
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The Cindy Wadsworth Team, REALTOR®, real estate agents and broker for Skippack, Harleysville and Montgomery County, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

The Cindy Wadsworth Team
Keller Williams Real Estate
910 Harvest Drive - Suite 100
Blue Bell, PA 19422
(Each Office Independently Owned & Operated)
Direct:: 215-264-6727
Office: 215-646-2900
Fax: 215-654-6037
cindywadsworth@NUMBER1EXPERT.com
Licensed PA Realtors

Cindy Wadsworth's License #RS179964L
Beth Topor's License #RS175423L
Harry Green's License #RS288663
Lynne Green's License #RS290351
Christina Brown's License #RS289762
Harold "Howie" Riley's License #RM4202787

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