Kim Lee

Multiple offers

multiple offers realtor vancouver
Table of Contents

Once you list your property for sale, you might find yourself dealing with several competing bids to buy your home. Common wisdom suggests that selecting the highest bid is the shrewd decision, correct?

Not always. Sellers may choose to accept one of the offers, counter back one of the offers, reject all of the offers or ask to have some or all of the offers re-submitted. Deciding on the right offer is more complex than saying yes to the highest bidder. You have to hedge against various risks, like a buyer with shaky financing. There are many considerations when dealing with which offer is best for you. Review the contingencies, think about the ideal dates, if it’s a cash offer, and know who is buying your property. It is always in your best interest to take a back up offer in case the first offer collapses.
Decide what is best for you based on your personal situation and needs. Your agent can determine whether the offer at hand satisfies those goals.

Kim Lee PREC*
Oakwyn Realty Downtown Ltd. 
P: 778-997-8938

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Kim Lee (Vancouver Realtor)

As a Vancouver realtor, Kim Lee combines her love for people with her passion for real estate to provide guidance throughout the process and to building lasting relationships.