My latest listing came on the market on July 29, and within a week we had three well-written offers to review. Each was full price, and two contained escalator clauses of varying amounts. I rolled up my sleeves and got to work comparing and contrasting the various elements of the offers. Because it’s not just about purchase price. A good Realtor will consider financing, lenders, closing dates, down payments & appraisals. At the end of the day, after much negotiating with buyers and their selling agents, my client was thrilled:
Listed for $350,000 and Sold for $405,000
That represents the highest sale price in the building’s history – by 26%. Happy Buyer… Happy Seller.