Choosing the Right Offer
Once your home hits the market, do your happy dance! You worked really hard to get there. But remember, the show isn’t over yet. Your next big milestone is choosing the right offer.
That won’t be too complicated, right? Not exactly. You can’t always just choose the offer with the highest purchase price. There may be some other important factors to consider, like:
- Ø Closing period and possession date
- Ø Personal property allowances, home improvements and closing costs
- Ø Contingency deadlines for home inspection, appraisal and buyer financing
- Ø Additional contingencies, such as sale of the buyer’s current home
If all this sounds confusing to you, don’t worry. Your agent should be an expert in negotiating contracts with a radar sense for fishy contingencies. They’ll guide you so you’re confident in what you’re signing when it’s time to accept.
If you don’t have an agent you trust to get you the best deal, it’s not too late.