How to Choose Between Multiple Offers (It's Not Always the Highest Price)

If you have listed your home and found yourself looking at several offers on the table, congratulations. That is a good problem to have. It is also a more nuanced decision than most sellers expect when they imagined this moment.

The instinct is to take the highest number. Sometimes that is exactly right. But experienced agents will tell you that the highest offer and the best offer are not always the same thing, and the sellers who understand that tend to have smoother closings.

Here is how to think through a multiple offer situation clearly.

Start With the Price, But Do Not Stop There

Price matters enormously. All else being equal, a higher price is better. But…

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