WebWhen a seller requests “highest and best” they are asking a buyer to submit their highest and best offer. This is extremely common in a hot market when a seller receives … WebNov 19, 2024 · Normally, a buyer might make an offer on a home based on his or her perceived value of the property. The seller should then counter the buyer’s initial offer, and in the classic form, a...
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WebMay 15, 2024 · A best and final offer in real estate is a prospective buyer's last and highest offer for a property. The best and final offer is typically submitted in response to … WebNov 5, 2024 · When buyer and seller accept a contract with an escalation clause, the sales price could be $1,000, $10,000, $100,000 or more over the buyer’s original offer. Both buyer and seller become locked in to the contract when it is executed. The sales price and terms should be clear so both buyer and seller can rely on it. twix knock off
"Highest and Best" What Does it Mean When Buying a Home?
WebJun 21, 2024 · Disclose the existence of multiple offers to the buyers, but not offer amounts or terms. Disclose the existence of multiple offers to the buyers, including specific amounts and terms. “Most sellers choose the second option,” Shorey explains. “They want to disclose the existence of offers, but not the price, terms, or contingencies of the ... WebApr 21, 2024 · All things being equal, if the first offer is within 10% of your listing price, it’s worth serious consideration. Cash vs. financing: Cash offers usually result in a faster sale than mortgage-backed offers; if … Web2 days ago · Customer success starts by looking inside the business to its biggest investment and primary driver: its people. It may seem obvious that the employee experience shapes the customer experience and ... talent genshin impact