Real Estate Advice for Buyers & Sellers: It's Time to Eliminate This Mindset

by The Wateridge Group

Thinking that the highest offer on a house automatically means it's the best offer can be a dangerous ⛔️ assumption. While a high offer may seem super appealing, there are other important factors to consider. The biggest thing to realize is that there are multiple other contingencies that will dictate whether you actually get to the settlement table at that price, if you get to settlement at all.

Ultimately, it's crucial to carefully review and compare all offers, rather than just focusing on the highest one, to ensure that you're making the best decision for your needs and goals. If you’re a buyer you need to realize that the strength of your offer is dictated by more than just the offer price! Contract strategy and understanding what you are signing is key to your success whether you are a buyer or a seller.

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