Thursday, January 14, 2016

Multiple Offer Tips


  • A seller can choose to disclose that a multiple offers exists, but they are not required to do so.
  • A seller can disclose to one buyer, but not another buyer, the terms of any offer. Alternately, he/she can disclose multiple offers or terms to all buyers. 
  • A buyer may want to ask if one of the offers was written by the agent who holds the listing.
  • Both a buyer and seller need to be aware that an offer or counter-offer can be withdrawn at any time prior to acceptance by the other party.
  • A seller cannot counter to more than one buyer before withdrawing a previous counter.








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