WHEN MULTIPLE OFFERS EXIST

When multiple offers exist…and you are the buyer:

  • The seller’s Realtor is required by law to present any and all offers to the seller until closing.
  • The seller’s Realtor is not required to notify you or your Realtor that the seller has received multiple offers.
  • The seller’s Realtor is not allowed to notify you or your Realtor that the seller has multiple offers if they do not have multiple offers.
  • Time is of the essence with all offers.
  • It is the seller who grants their Realtor permission to let your Realtor know that there are multiple offers. The seller does not have to inform you or any other interested parties if there is more than one offer.
  • It is important to work closely with your Realtor if you are participating in multiple offers. Real Estate is not litigious nor argumentative; this is a time when you and your Realtor wish to be most accommodating to the ones that are ‘calling the shots’, and that is the seller thru their Realtor!
  • Price is not always the final determining factor in the seller’s choosing of how to move forward with a prospective purchaser. Many terms of an offer have the ability to influence a seller’s decision, and those terms may include, financing, possession, personal property, timing of the offer, home sale contingency, etc.
  • At Pilmer Real Estate, we will work very closely with you in order to assist you in obtaining the home you really want and desire. Even then, we cannot always ensure that we are able to get you what you want. We encourage you to give your best offer the ‘best shot’ so that if you are not able to purchase the house you want you feel in your heart and mind that you offered your best. Many times, you’ll only get ‘one shot’ at making an offer.
  • At Pilmer Real Estate, we will work very closely with you to negotiate the best terms for a win-win situation for both you and the seller. Negotiating is not a ‘one size fits all’ nor a ‘one size fits most’ scenario. But we do have the expertise to assist you in making a decision and choosing what option is the best for you to purse.
  • Negotiations is an area that sets Pilmer Real Estate’s professionalism and expertise above our competitors. If you are seeking to purchase a property, we are pleased to meet with you to discuss the ever-changing market conditions, and assist you in evaluating your housing needs. Click here to contact us.

When multiple offers exist…and you are the seller:

  • Your Realtor is required by law to present and and all offers to you until closing.
  • Your Realtor is not required to notify the buyer or their Realtor that you have received multiple offers.
  • Your Realtor is not allowed to notify the buyer or their Realtor that you have multiple offers if you do not have multiple offers.
  • Time is of the essence with all offers.
  • It is you who grants your Realtor permission to let the buyer’s Realtor know that there are multiple offers. Your Realtor does not have ‘open authority’ (unless in writing from you) to inform interested parties there are multiple offers.
  • At Pilmer Real Estate, we will present all offers to you and discuss the options with each one. Many scenarios may happen when multiple offers are presented.
  • Price is not always the final determining factor in you choosing how to move forward with a prospective buyer. Many terms of the buyer’s offer have the ability to influence your decision, and those terms may include, financing, possession, personal property, timing of the offer, etc.
  • At Pilmer Real Estate, we will work very closely with you to negotiate the best terms for a win-win situation for both buyer and you. Negotiating is not a ‘one size fits all’ nor a ‘one size fits most’ scenario. But we do have the expertise to assist you in making a decision and choosing what option is best for you to purse.
  • Negotiations is an area that sets Pilmer Real Estate’s professionalism and expertise above our competitors. If you are seeking a personalized market analysis of your real estate, we are pleased to meet with you to maximize your real estate investment. If we do not have the answers, we certainly know where to find them. Click here to request your free personalized market analysis.