What are the most important points to be aware of in a multiple offer situation for a seller?
• Each Buyer or Buyer’s agent presents their offer to the Seller’s Agent. After hearing from each Buyer or Buyer’s agent the Seller discusses each of the offers with the listing realtor; typically the sellers have 1-2 hours to decide of the offers they will accept or counter (you can only counter 1 offer at a time) typically the offers from the Buyers are their “best shot” in some instances the Seller will ask the best of the offers to submit their best and final offer in a second round of offers if they are close in price and conditions.
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