Here are the things that sellers (and buyers) should be paying attention to.
Today I’m coming to you with a couple of tips about how to evaluate an offer when you’re selling in this market and how to make a winning offer if you’re buying. I’ll talk about important factors in multiple-offer situations, including price, contingencies, and occupancy.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to browse specific topics at your leisure:
0:25 — Why contingency dates and time frames are so important in this market
1:02 — How financing details play a role in determining the strength of an offer
1:55 — Pay special attention to closing time frames and occupancy
3:26 — Why the highest-priced offer isn’t necessarily the best
5:13 — What the reputation of the lender tell us about the offer
6:00 — Wrapping things up
I hope you found today’s information helpful. If you have any questions or real estate needs that I can assist with, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.