“When I represent the sellers, I often counsel them that the highest priced offer is not always the best offer. Listing agents should take into consideration what the seller wants out of the home sale, but they should also use their expertise to help the seller think about the aspects of the offer that they might not have thought about yet. While it’s usually a priority for sellers to make as much money as they can on the sale of their home, it’s not necessarily the top priority for every seller. The Highest Offer Isn’t Always The Best Offer A lower offer with a quicker closing could net the seller more money,” Green said. “The close date and occupancy date may matter to the seller as well and may make a financial difference. Price is not the only consideration.”Īre they looking to sell as quickly as possible or can they afford to wait a little bit to make sure they’re getting the best offer? Be sure to discuss with your client what their hopes are for the sale and what their ideal timeline looks like. Every transaction is unique, and each seller has a different priority and different needs. Rebecca Green, a Portland-based real estate broker with Hasson Company, REALTORS®, said that there are “so many different pieces to every puzzle. Of course, what makes a good offer depends on what your seller needs from the home sale. That can help ensure the deal will go through. “Sellers would be well-assisted by having a succinct comparison chart prepared so the salient differences between offers are clear,” said Michael Edlen, a REALTOR® and associate broker with Coldwell Banker in Los Angeles.īy doing this, it’ll quickly become clear which offers are the best and most competitive and which ones are an easy “no.”Īnother component of an offer that should be prioritized above the others is when the buyer is preapproved, has already secured financing or is paying with cash. Organize the offers for your sellers in a way that makes it easy for them to see what each one includes so they can easily and efficiently weigh the pros and cons of each. Here’s how their agents can help them through the process to choose the best deal. However, sorting through all those offers and figuring out which one is the best overall can feel overwhelming and confusing for sellers. ContinueĪ seller who has received multiple offers on their home is in a great position. YOU ARE FREE TO SHOP AROUND TO DETERMINE WHETHER YOU ARE RECEIVING THE BEST SERVICES AND/OR THE BEST RATE FOR THOSE SERVICES.īy clicking continue, I/we have read this disclosure form and understand Rocket Homes is referring me/us to the above described settlement service provider(s) and may receive a financial or other benefit as the result of the referral. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. WHILE WE ENCOURAGE YOU TO USE ROCKET MORTGAGE AND AMROCK, YOU ARE NOT REQUIRED TO DO SO AS A PART OF YOUR REAL ESTATE TRANSACTION WITH ROCKET HOMES. There may be additional charges depending on the loan product or title services you select. PROVIDERĪmrock Title Insurance Company and/or Amrock These charges are customary and are provided so that you may compare them to other service provider charges. BECAUSE OF THIS RELATIONSHIP, THIS REFERRAL MAY PROVIDE ROCKET HOMES AND/OR ROCK HOLDINGS, INC., WITH A FINANCIAL OR OTHER BENEFIT.įollowing is the estimated range of charges by Rocket Mortgage and Amrock for the settlement services they provide. PLEASE NOTE THAT ROCKET HOMES HAS A BUSINESS RELATIONSHIP WITH ROCKET MORTGAGE AND AMROCK IN THAT ALL COMPANIES ARE WHOLLY OWNED SUBSIDIARIES OF ROCK HOLDINGS, INC. We are pleased to recommend that you arrange financing through Rocket Mortgage ® and title work through Amrock. It may be necessary for you to obtain a mortgage or title work for the sale or purchase of your home. Rocket Homes Real Estate LLC ("Rocket Homes") AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE
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