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4 Reasons the Highest Offer Doesn't Always Win Main Photo

4 Reasons the Highest Offer Doesn't Always Win

Coming out on top in a super hot housing market
Posted: March 01, 2021 by Jessica Wimberly

Think the highest offer on a home always wins?

Think again.

Here are four reasons why a seller may not choose the highest offer:
1. A buyer brings an all-cash offer:
A buyer paying cash means there won’t be any financing pitfalls — and sellers LOVE avoiding pitfalls.

2. A buyer can close ASAP:
If a seller is antsy to get moving, an offer from a buyer who can close quickly will zoom to the top of the stack.

3. A buyer shares their story: 
Sometimes buyers want sellers to know exactly why their house is “the one.” And sometimes, that’s all it takes for a seller to agree — especially if a seller has lived in the home for decades and their move is a sentimental one.

4. A buyer doesn’t ask for contingencies: 
A common contingency is that a buyer must sell his or her home before buying. Sellers love when an offer is free and clear of cumbersome contingencies totally out of their control.
It’s true — you want to go in with a strong offer price-wise, but that’s not the only thing sellers are looking for. Sellers want an offer that’s competitive, clean, AND close-to-asking price — the closer you can get to all three, the better!

When you are ready to start your home search, we will be here to help! Just give us a call! 

Bossier City Office (318)747-5411
Shreveport Office (318)861-2461

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