How to Sift Through Multiple Offers in Vero Beach

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Today we are going to discuss a very exciting topic, multiple offers. This week alone, we had one of our listings get four different offers. This was a home that we recently reduced the price on, after it had been sitting on the market for about a week. That price reduction really increase demand, and we’ve gotten four recent offers because of that. 

What should you do if you get multiple offers on your home? Today we are going to talk about the three most important steps to sift through the offers and get the best ones.

1. Look at all the offers collectively.
Figure out which buyer is best. The best buyer is the one that can get you in the position you want to be in through either their price or their terms. 

2. Try to get the best offer from the best buyer.

3. Make sure you have back-up offers.
Unfortunately, buyers change their minds a lot. It’s important when you have multiple offers to keep the offers you don’t accept initially as back-up offers. It's a great safety net to have. 

If you’re buying or selling here in Vero Beach, give us a call or send us an email. We want to do everything we can to get you the best closing possible. We look forward to hearing from you!