These are the factors you should consider when evaluating an offer.
How do you know if the offer you received on your home is a good one? The truth is that the value of an offer extends beyond just the price; you should also consider the terms and timing.
When it comes to the terms, as a seller, you need to know what your goals are. For example, if you want to sell the property as-is, or if you need to sell and purchase a new home simultaneously. Also, you should consider the inclusion or exclusion of personal furniture and items in the sale. For example, in a recent transaction, our seller wanted to keep 35 out of 73 chandeliers in the home they were selling and still get their desired price. We negotiated on her behalf to ensure everyone was satisfied.
"Your Realtor can negotiate on your behalf based on your specific needs and preferences."
As for the timing, you should ask yourself the following questions: Do you prefer a quick sale with an escrow period of less than 30 days? Or would you like an extended escrow of 45 to 60 days? Alternatively, would you prefer to close escrow and stay in the property for a month or two through a rent-back agreement?
Considering these factors is crucial when evaluating an offer. Your Realtor can negotiate on your behalf based on your specific needs and preferences. Choosing the right professional to work with is essential. This is one of the ways your Realtor earns their professional fee—they should work to ensure you achieve your desired outcome within your preferred timeframe.
If you have any questions or want my help evaluating offers, don’t hesitate to reach out. You can call or email me anytime, and I would be happy to hear from you.
