It's not too late to influence Congress — Act now!

The highest offer isn’t always the best

Translate this page
Two hands portioning $1 bills into three stacks

08/07/2015 | Author: Marty Kramer

Price may be the most important factor when deciding whether to accept a buyer’s offer for your home, but it’s not the only one. Here are some other considerations:

Do you have the time?
If you need to close as soon as possible—or if your circumstances require a later date—you may prefer an offer from a buyer that matches your time frame to one that’s a little higher but inconvenient.

Does it depend on factors outside your control?
A purchase offer contingent on the buyer successfully selling her home first may not be as attractive as one without a contingency clause.

Is the buyer qualified?
The less you know about whether a buyer can get a loan for your home, the higher the risk of the transaction falling through. A buyer who shows that he has been preapproved for a loan is less likely to have problems following through with the purchase.

Do you have to jump through hoops?
Buyers may ask for appliances or furnishings to be included in the sale. They could request that you make certain repairs. They might even ask you to pay some costs typically paid by buyers. Each request such as these makes the offer price a little less valuable.

Your Texas REALTOR® can review offers with you to discuss how they stack up in all aspects, not just price. Then you can move forward with the transaction that works best for you.

Categories: Sellers
Tags: sellers, selling

advertise with us

Legal disclaimer

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on Any legal or other information found here, on, or at other sites to which we link, should be verified before it is relied upon.

Welcome to Advice for Consumers

Browse these posts for tips on buying, selling, and leasing property.

Popular Posts

Don’t be fooled by these 3 selling myths

2 scams to avoid when buying a home

10 reasons to love Texas real estate



texas news  technology  tech tips  selling  sellers  research  renters  property management  political affairs  negotiation  marketing  market news  legislative affairs  legal faq  legal  leasing  in lehman's terms  homebuyers  governmental affairs  forms  contracts  consumers  buying  buyers  advertising


Full Archive