Imagine you have two offers that are very close in value but differ in other aspects. For instance, Offer 1 has the highest price, but the closing date and some conditions aren’t ideal for you. On the other hand, Offer 2 aligns perfectly with your preferences but falls a bit short on the price.

In this situation, you might choose to disclose only the highest price from Offer A. The goal is to encourage Offer B (which is already good in terms of your preferences) to reconsider and possibly improve their offer to make it more attractive. By revealing the highest price, you’re subtly signalling to all buyers that there’s room for improvement, prompting them to adjust their offers in the hopes of securing the deal.

It’s a strategic move to get the best possible combination of price and terms that align with your priorities as a seller.

Watch the full Q&A video to learn more!

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Free home evaluations are part of being a Realtor in Sarnia-Lambton. Homeowners need the advice and guidance of an expert in this industry. As a full-time real estate team, we’re consistently meeting with homeowners to go over the market value of their home. Real estate list prices range depending on house location, nearby amenities, style of home, features of the home, and property size. A free home evaluation by our team is an easy way to evaluate whether it’s time to move to a new home and if the list price aligns with your budget.