Ocean City, Ocean Pines and Salisbury Maryland real estate listings, home buying, selling and relocation information

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Accepting An Offer >Evaluating Multiple Bids

Competition for homes is high in hot markets. When you are a seller faced with multiple offers on your home, how do you choose the best one? Your real estate agent can help you compare and contrast the terms of each proposal.

Look at the price of each offer and evaluate your net profit. Next, consider the terms of each contract. How "clean" is each offer? Are there contingencies that affect the sale, such as the buyers needing to sell another property before they can finalize the purchase of your home? Can you work out a mutually agreeable date for you to move out and for the buyers to move in? Can you get reasonable assurances that the buyers will be able to qualify for the financing they will need?

Your real estate agent can help you weigh the relative merits of each offer, so that you can accept--or counter--the best one, and line up another as an alternative.

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Q	In what area of the United States did the price of existing homes increase most dramatically in 2005?
A	Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005.
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Imad Elali & The Beach Team, REALTORŽ, real estate agents and broker for Ocean City, Ocean Pines and Salisbury Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Imad Elali & The Beach Team
Long & Foster Real Estate Inc.
11701 Coastal Highway
P.O. Box 3242
Ocean City, MD. 21843
Direct: 410-250-1919
Toll Free: 888-7-BEACH8
Office Switch Board: 410-520-2700 Ext 1131
Toll Free Fax & VM Pager: 1-877-229-4217
Email: Imad@BeachRealEstateSales.com
Imad Elali & The Beach Team REALTORS of Long & Foster Real Estate: Resort Sales Specialists serving Ocean City, Ocean Pines, Salisbury & Maryland's Eastern Lower Eastern Shore!

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