PEDRO GOMES ​- ​​REALTOR®

Cell: 778.999.REAL (7325) |

 

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When considering which of two or more competing offers to accept for your home, there is no doubt price plays a huge role. After all, if Offer #1 is $10,000 higher than Offer #2, that’s an enticing difference that puts thousands of extra dollars in your pocket.

 

However, price isn’t the only thing you should think about when comparing multiple offers. There are other factors you need to consider as well.

 

For example, what conditions are in the offer? If Offer #1 is conditional upon the seller selling his current property for a specific amount, then what if that doesn’t happen? You could end up with an offer that dies and be forced to list your home all over again.


In that circumstance, accepting the lower offer may be your best move.

 

There’s also financing to consider. Most sellers will attach a certificate from their mortgage lender to show that they can afford the home and will likely secure financing with little difficulty. If you get an offer where the ability of the seller to get financing is in doubt, that’s a red flag.


The closing date is another important factor. Offer #1 might propose a closing date that’s perfect for you, while Offer #2 is four weeks later. If you’ve already purchased another home, you might require a month of bridge financing if you accept Offer #2. There’s nothing wrong with that per se, but the costs and additional hassle are factors you should consider.

 

As you can see, assessing competing offers isn’t as easy as it looks. Fortunately, as your REALTOR®, I will guide you toward making the right decision.

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When would you talk to a car salesperson? Probably only once you’re ready to buy a new car. You would do some initial research (perhaps on the internet), get an idea of what you want, and then go to the dealership to meet a salesperson, test drive the car and make the purchase.

 

Although that approach may work when you’re buying a car, it’s not the best approach when it comes to real estate.

 

You see, successfully buying or selling a home requires a lot of planning and legwork. You want the process to go smoothly, the right decisions to be made, and the best possible deal to be negotiated.  

 

After all, this is the purchase and/or sale of your home!

 

So, the best time to talk to a REALTOR® is as early in the process as possible.

 

In fact, even if you’re just thinking of buying or selling — and simply want to explore the possibility of making a move sometime this year — you should have a conversation with a good REALTOR®.

 

A REALTOR® will answer your questions, provide you with the information and insights you need, help you avoid costly mistakes, and make sure you’re heading in the right direction.

 

When you are ready to buy or sell, having worked with a REALTOR® early in the process will help ensure you get what you want.

 

So talk to a good REALTOR® when:

 

  • You have a question about the local market.
  • You want to know what your home might sell for today.
  • You’re interested in checking out homes currently available on the market.
  • You’re in the midst of deciding whether or not to make a move.
  • You’ve decided to buy or sell.

 

Getting a good REALTOR® on your side early in the game makes everything a lot easier for you.

 

Looking for a good REALTOR®? Call Pedro @ 778-999-7325 today.

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