Charleston is one of the hottest real estate markets in the nation, and we're seeing a lot of multiple offer situations here because of that.
If you're a buyer in a multiple offer situation, you really need to take a step back and evaluate if the home is right for you and whether it's worth fighting for. If you decide to go through and try to purchase the home, there are a few things that we'll do with you.
Ask questions: We need to know how much you're willing to spend on a home, and what else we can negotiate. Price is not always the top factor for a seller; sometimes they just need to sell the home quickly and without contingencies.
Find the seller's motivation: We try to pinpoint the seller's motivation, because this allows us to make the strongest and most appealing offer on your behalf. We've won homes without offering the highest price because we've understood the motivations of the seller.
Escalation Clause: We can write into a contract that you're willing to offer (for example) $300,000 on a home and you'll offer $1,000 more than every offer until the price surpasses $320,000 (or whichever number you choose). This way, we can offer the most amount of money, yet you can control how much you're paying for a home.
Hopefully this information can be useful to you if you find yourself in a multiple offer situation in Charleston.
Please don't hesitate to contact me if you have any questions or concerns about this information. I'm always here to help you!
Author:Dave Friedman Voted Best Realtor in Charleston Phone: 843-480-9737 Dated: September 2nd 2016 Views: 53 About Dave Friedman: Voted Best Realtor in Charleston and top finalist every year since 2013, it is easy to say that Dave...
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The Dave Friedman Team at Keller Williams employs full time, highly productive, experienced and educated brokers focused on serving their real estate clients and communities at the highest possible level to create the best possible result. We provide accurate, detailed information, data and advice so that our clients make informed decisions. We're committed to life long relationships founded in integrity and mutual respect. We're here to help at all stages in all situations.
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