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Personal Finances / Buying or Selling a Home


Subject:  Re: House for sale - offer expected Date:  5/13/2013  7:15 PM
Author:  YewGuise Number:  125265 of 128887

...might be getting two offers...

That's very nice, but keep in mind that what you actually have in front of you, right this second, is zero offers. So don't get too excited yet.
And: when you do get an offer, if it's just one offer, treat it as your only offer, because that in fact is what it is, regardless of what other offers are in the pipeline that "might" come in.

If you do in fact receive multiple offers, then let me second: consider which offer looks the most likely to close...

When my house was on the market for 199k (I thought it was worth 210k, but wanted a quick sale), I got two offers:
(1) Full price contingent on prospective buyers' selling their current house, which wasn't even on the market yet. I ignored this offer, figuring that if they were indeed serious about moving they would have listed their house already.
(2) 170k offer from a couple in an apartment. I countered with 198k, they counter-countered with 195k, I said OK. So it sold for 195k.

Good luck!
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