Multiple Offer Situations Are Tough, but You Can Win

There are three things you need to know if you want to come out on top in a multiple offer situation.

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How can you avoid losing out in a multiple offer situation? We need a few pieces of information to make sure we have the best chance. 

We need to know what kind of market it is—buyer or seller? 

How many other offers are there? That will inform how we make our offer.

What are the prices of other comparable properties?

With the answers to these three questions, we give ourselves a much better chance of winning bidding wars. 

“With the answers to these three questions, we give ourselves a much better chance at winning the bidding war.”

We can also call the listing agent to find out what the best closing and possession dates are for the sellers. Once we match those dates and conditions, then we put ourselves in much better standing.

We know that each situation is going to be unique, so if you have any questions about how you can boost your standing in a multiple offer situation, reach out to us. We can help you every step of the way to make sure that you get the best possible outcome.