Is the highest offer always the best offer?
In today’s market, sellers are often getting multiple offers for their homes which is great for their bottom line. However, not all offers are equal, and many sellers think they should just take the highest offer and hope it makes it to the closing table.
So in short, no, sellers shouldn’t just take the highest offer. Instead, they need to consider offers that are going to help them meet their financial goals and the terms they want for the sale of their homes. After all, you could receive a great offer in terms of price, but if the buyer isn’t financially capable of getting the offer to the closing table (in the case of, say, an appraisal issue), that could put you in a tough spot.
Ultimately the offer you should accept is the one that meets you and your family’s needs.
If you have any other questions about this or other real estate topics, please feel free to give us a call or send an email. We’d love to help you.
