Expand Your Education with These Courses from
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
Business Creation - Prospecting: Skills for Sales Success: Part Three.
Customer Relationship Building: Skills for Sales Success: Part Seven.
Territory Management: Skills for Sales Success: Part Eight.
ACE: Purchase Reverse Mortgage Course.

Multiple Offers Put Home Sellers in Control

Have a comment on this article? Share on Facebook!

By Paul Owers

Homes in good condition and priced fairly almost certainly will attract more than one offer, real estate agents say. Demand far exceeds supply across most of the nation, so investors and young families are all circling the same properties hoping to hit pay dirt.

Still, that doesn’t mean all sellers are necessarily rejoicing, says Judy Trudel, an agent in Florida’s Palm Beach and Broward counties.

“When you have multiple offers, it sounds like you’re in the driver’s seat,” Trudel says. “But it’s a very stressful situation.”

Not every multiple-offer situation turns out well. Real estate agent Carrie Hazen had a client who received three offers on her Coral Springs, Fla., home.

That’s the good news. The bad? When the seller made counteroffers late last month, all three buyers bailed.

One of the buyers told Hazen she was backing out because another seller had accepted her contract — even though it’s unethical for a buyer to submit more than one offer at a time.

Continue Reading 1 2 3 4 5

Have a comment on this article? Share on Facebook!

Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>