Seller’s markets come and go. You might get multiple offers if you sell your house in Augusta or around the 30909 zipcode during a seller’s market. Here’s how to review seller’s market offers in Augusta…
A seller’s market is when there are more buyers and fewer properties. For sellers, it’s an exciting time to sell because you may be able to get a higher asking price. You might also get multiple offers on your house at once.
If you’re selling your house and received multiple offers, you might ask yourself, “Now, what do I do?” Although multiple offers might be exciting to accept, they can also be overwhelming. Fortunately, there are 4 things you can do to help ease the burden and approach your multiple offers to your greatest advantage…
How To Review Seller’s Market Offers In Augusta
First, sort the offers into those who are ready to buy and those who are buying contingent on something else. Some people put offers on houses contingent on them getting approved for a mortgage or contingent on them selling their home.
You don’t have to discard the contingent group, but working with someone who doesn’t buy based on a contingency is often easier and faster.
Second, sort the remaining ones based on which is more important to you – either the speed of the sale or the price. (For some sellers, a faster sale is more important than a higher price). Of course, both are important, but usually, one is more important than the other.
- If speed is essential to you, sort the offers by those closest to the timeline you want to move in.
- If the price is important to you, sort the offers by the ones that are highest to lowest.
Third, if you have several that match your preference above (such as if you want to move by the end of the month and you have several offers that work within that timeline), then sort by the ones that don’t add any conditions. The more conditions a buyer adds, the more work it may be for you.
By the end, you’ll have a pile of offers – at the top will be the ones that offer the best speed or price (whatever is more important to you), the least conditions, and are ready to buy immediately. And at the bottom are those who aren’t prepared to buy because they have contingencies.
Once you’ve sorted your offers, start working through them from the top, making counter offers from a position of strength!
If this is overwhelming or you don’t have as many offers as you’d like, or if you don’t have the offers you want, there is another way to sell: you can sell directly to us at HAS Holdings LLC.