Why You Shouldn’t Always Take the Highest Offer?

You took the time to get your house perfect to put on the market and now you have offers rolling in. Some even over your asking price. But the highest offer may not always be the best one. There are many factors you need to look at before accepting the offer and ensure it’s the right offer for you.

Closing Date- If a certain closing date is important to you, make sure the potential buys date aligns with yours.

Home Inspection- If one buyer wants an inspection while the other does not, what do you do? If the inspection is waived, chances are there will be no further negotiations prior to signing the purchase agreement.  

Cash or No Financial Contingencies- Most sellers are more willing to choose the all-cash offer versus the financed one.  However, an all-cash offer may come in the lowest and the funds may not clear. Waiving this contingency will also forgo the bank appraisal.

Escalation Clause- A clause states that a buyer will pay a certain amount over the highest bona fide offer that does not contain a home sale contingency.  Not all agents use this tactic but it can be a great way for buyers to ensure their bid stands out against the competition. 

Whatever option you end up picking, remember that every term is negotiable and as a seller you are in control.

What Does it Take to Sell Your Home Quickly?

You’ve made the tough decision to sell your home and now it’s time to get your home ready for it to sell quickly!  Chances are you may not be able to purchase another home until your current home sells. It can be stressful and may take some work but with the correct approach it can be sold in record time.

Channel your inner clean freak- Decluttering doesn’t have to be rocket science but it is key to creating a pleasing environment. Pay attention to these common areas: kitchen and bathroom counters, fireplace mantels, laundry room shelves, tabletops, and magazine racks. Don’t forget about the closet! 

Rearrange the furniture- Ask yourself- does my home invite buyers to sit and stay awhile? Can they flow freely through my home without bumping into things? Start by putting big and bulky pieces in storage and move pieces away from the walls.  You may even want to consider selling some items that may not go in your new home.

Set the table- Staging your home will paint a picture for potential buyers to envision them living in your home.  Bring out your china, flatware, and linens to help paint the picture.  Try to keep it simple!

 Bring the outside in- Bring in fresh flowers from your garden. They will warm up any room and make your home smell great

Think like a buyer- When it comes to cleaning your home, think how you would want a home to look when you walk through it.  Buyers may get down to the nitty-gritty so even the smallest details need to shine. Don’t forget to clean the windows inside and out!