🏠There is a lot to evaluate when you receive an offer, beyond just the purchase price. I always advise sellers to consider not only the highest price, but also the best terms and conditions and the offer with the highest probability of closing.

📑Every offer comes with its own set of terms and conditions. These may include different types of financing, inspection contingencies, closing timelines, appraisal gaps, credits, point-of-sale assumptions, and more. It’s the job of a realtor to help break down each offer so you can understand the full picture—not just the number on the purchase price line—especially when reviewing multiple offers. The terms of an offer can directly impact how smoothly a transaction moves forward and whether additional negotiations could affect your net proceeds as a seller.

📈Ultimately, purchase price is important, but it’s only part of the equation. The goal is to get your home closed for the best combination of price, terms, and certainty.