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Balancing multiple offers and the appraisal

May 18, 2016 by Andrew Nagel

A Solterra home goes under contract with Andrew Nagel as the Solterra listing agent
A Solterra home goes under contract with Andrew Nagel as the Solterra listing agent

In a market like the one we’re in, it’s not uncommon for a seller to receive multiple offers. Odds are, at least one of those offers will be above the asking price.

Working multiple offers to your advantage requires strategic thinking and an expertise that comes with experience. The goal is to sell your home for the highest possible price to a qualified buyer. The last thing you want is to grab the highest offer only to realize it’s the weakest one, and possibly lose the sale.

The biggest risk with multiple offers is the appraisal piece. Your deal will not go through if the home doesn’t appraise for your buyer’s offering price.

Andrew Nagel, Solterra listing agent and RE/MAX realtor
Andrew Nagel, Solterra listing agent and RE/MAX realtor

To offset this risk I, as your Solterra listing agent, meet the appraiser at your home. I’m there to answer questions, to call out the features of the property that may be overlooked, and to discuss the offers on the table.

Successful home sale in Solterra
Successful home sale in Solterra

Taking the time for an in-person exchange, at the house, helps my listings receive appraisals that reflect the home’s true value in a competitive marketplace.

When it’s time to sell, make certain the Solterra realtor you hire has handled multiple-offer scenarios, and handled them well in a high-price, low-inventory market like the one we’re in today. Solterra sellers, I’m ready to make the current pricing environment work for you. Call any time. 303.898.4572.

Andrew and his dog overlooking beautiful Solterra and the foothills
Andrew and his dog overlooking beautiful Solterra and the foothills

Filed Under: Uncategorized

About Andrew Nagel

If you are looking for an experienced Lakewood, Colorado Realtor to sell your Solterra Home, or if you are looking to buy a Solterra Home, reach out to Andrew and get started today!

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Andrew Nagel
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    Nagel & Co. | Call: (303) 898-4572 | Email: andrewnagel@remax.net
    Visit: 3773 Cherry Creek North Drive, Suite 801 Denver, CO 80209

     


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