How do I handle multiple offers on my home?
By Bob Millaway, South Jersey Community Expert & REALTOR®
Review all offers with your agent, comparing not just price but contingencies, financing type, closing timeline, and earnest money amounts. You can accept the best offer, counter your favorite one, or ask all buyers to submit their highest and best by a deadline. Consider waiving contingencies and faster closings as part of your decision. A clean offer with solid financing often beats a slightly higher price.
Why It Matters
Multiple offers are a great position to be in. Handling them strategically can maximize your sale price and reduce the risk of the deal falling through.
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