Description:

Why the highest offer isn’t always the best in real estate. Learn how to evaluate offers based on both price and terms for the most favorable outcome.

Transcript:

Meaning if we have three offers, one’s high, what’s at listing, or two are at listing, then the high offer is not necessarily the best offer for my sellers. So what I like to do is when I present an offer we don’t just base it on price. It’s also on terms price is important. Of course, the most money wants to get the most money for the seller, but the terms of the offer for my sellers. If there’s that they need to adhere to for example, if my seller needs, if they’re living in the home, they need a lease back. This means that they need to stay in the home a little bit longer after closing, and then we try to negotiate a free lease back for the sellers.

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