How to Deal with Multiple Offers in Omaha

published 3 years ago by Mike Beacom

It’s not uncommon in our market to be involved in a multiple offer situation.As a buyer, you will have to compete against other offers, and as a seller, you’ll have to decide between them. We’ve got some advice to share that will demonstrate how you should approach a multiple offer situation whether you’re buying or selling. If you’re a buyer involved in a multiple offer situation, you want to make sure you’re doing a few things. First, you want to offer your best terms with the fewest contingencies and lowest risk. That’s what the seller wants.As a buyer, keep in mind that the seller has to be sure that they're being fair to all competing parties, and may not respond to your offer right away. At the same time, the seller should make sure that they don't wait too long to make a decision because that could hold up one buyer from making an offer on another house.It can be exciting and nerve-racking.Throughout the process, it’s important that communication is consistent throughout all parties. It’s very exciting and nerve-racking to be in a multiple offer situation. When you are working with a trusted real estate agent, they make everything easier. If you have any questions for me about multiple offer situations, give me a call or send me an email. I look forward to hearing from you.

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