Tips for handling buyer offers
What do I do when I get an offer? That’s a common question from sellers. If the offer is at or above your asking price, the answer may be easy. But remember money is not the only consideration. You may prefer a lower offer with better financing or a stronger buyer, or a more convenient closing date. When all factors are favorable, and the price is right, set the contract and reel in your buyer quickly!
Aim For A Sale
Remember while your aim is to get as much as you can for your home, the buyers aim is to find your lowest acceptable price. In the end, however, you’re both angling for the same catch: a sale on the best possible terms for both parties.
Evaluate Your Buyer
Find out as much as you can about whether the buyer can afford to purchase your home. You’ll gain peace of mind knowing your buyer is really qualified to pay the price you agree upon. Buyers who are pre-qualified have been to a lender and are more likely able to close on the loan.