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What exactly does it mean to be in multiple offers? As a buyer, it means there is at least one other buyer that has submitted an offer to purchase the same property as you. In some cases, there might even be several buyers involved.
Can you write multiple offers?
There is no law against making offers on more multiple houses. However, as a seller, this can put you in a difficult position, since you can never be sure if the buyer you have accepted an offer from or are considering is as serious as you are about your property.
How do you make multiple offers?
Here are five tips to move your listing in to the multiple-offers zone. Price it aggressively. Homes that get multiple offers are often sold in an "auction" atmosphere. ... Give buyers and brokers ample access. Put yourself in your target buyer's shoes. ... Make it beautiful. ... Expose it to the market. ... Be ready to course correct.
How do I present multiple offers to a seller?
Agents, Here Are 4 Tips for Presenting Multiple Offers to a... Listen to what's important to your seller. ... Develop a system to help you stay organized. ... Keep the focus on the facts while presenting multiple offers. ... Let your client make the final decision.
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Article - Real Estate Center - Texas A&M University
Aug 25, 2021 — A best practice is to let all parties know that there are multiple offers and to submit their highest and best offer by a stated deadline. Texas ...
You must present each offer immediately or as soon as you are able. Every offer must be presented to the seller within five days of execution. Presenting an ...
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