With spring in full swing, the real estate market is heating up, and multiple offers on properties are going to start becoming more common. If you find yourself in the enviable position of receiving multiple offers on your home, it’s essential to handle the situation with care to maximise your outcome.

Here are some things to consider on how to navigate multiple offers like a pro:

  1. Review Each Offer Carefully: Take the time to thoroughly review each offer, considering not only the price but also other factors such as contingencies, financing terms, and closing timelines.
  2. Keep Communication Open: Stay in constant communication with all parties involved, including your real estate agent and potential buyers. Transparency and clear communication can help avoid misunderstandings and ensure a smooth process.
  3. Consider All Terms: While a high offer price is enticing, don’t overlook other favourable terms such as a larger earnest money deposit, fewer contingencies, or a flexible closing date.
  4. Negotiate Strategically: Use the existence of multiple offers to your advantage during negotiations. Consider asking for best and final offers to encourage buyers to put their best foot forward.
  5. Consider Backup Offers: In case a primary offer falls through, having backup offers in place can provide peace of mind and keep the sales process moving forward.

Remember, every situation is unique, so there’s no one-size-fits-all approach to handling multiple offers. By staying organized, communicating effectively, and making informed decisions, you can navigate this exciting yet challenging aspect of the spring real estate market with confidence.

If you have any questions or are thinking about moving this spring, simply reply to this email or feel free to give me a call to discuss.

Senior Downsizing Tip of the Month

Managing Conflict When Selling a Parent’s Home

Selling a parent’s home can be an emotional and challenging process, especially when family members have different opinions. Here are some key ways to navigate it smoothly:

✅ Define Decision-Making – Establish clear roles and responsibilities to ensure everyone is involved and aligned.

✅ Communicate Clearly – Respectful discussions and active listening can help prevent misunderstandings.

✅ Get Everything in Writing – Document agreements on pricing, timelines, and proceeds to avoid future disputes.

✅ Focus on Shared Goals – Keep the focus on common priorities, like selling the home for a fair price and ensuring a smooth process.

✅ Step Away If Needed – If tensions rise, take a break and revisit discussions when everyone is ready.

Need guidance through the process? As an SRES® (Senior Real Estate Specialist), I’m here to help. Let’s talk!

Cody Nowicki, SRES®
Senior Real Estate Specialist

Phone: 810-689-8332

Email: cody@stephangrouprealestate.com