What Do You Do with Multiple Offers

 

So, after many months of searching, you finally find it.  The perfect house in the perfect location with just about every update or upgrade you were hoping to find.  You make the offer, and you find out that 3 other people have the same feeling!

 

What? Multiple offers? Yes, unfortunately it has been a bit too common in Costa Mesa real estate the past year or two.  That’s changing, now, the market it cooling a bit, but let’s see what sellers typically do in those situations.

 

Looking at the infographic to the left, it appears that oftentimes owners go for the most money. That’s the obvious choice if you have it in front of you as a seller, right?

 

Well there are good ways to position your Costa Mesa  offer so that even if you are not the top offer, you can very easily have the best terms.

 

Here’s a quick list, pulled from a blog post on our site from a few years ago:

 

1. Offer as much as you are comfortable with.
   
   
2. Reduce contingency periods
   
   
3. Take out the junk!
   
   
4. Don’t put closing costs, or unnecessary expenses that other offers won’t have in them.
   
   
5. Offer to pay their closing fees.
   
   
6. I’ve got more tricks I’ve learned over time!  You will need to call or email me!