Received Multiple Offers on Your Home? ‘Highest and Best’ Will Tell You Who Wants it Most
HomeLight
SEPTEMBER 22, 2020
The “best” component refers to all the other terms included in a contract that can be tweaked to sweeten the deal — such as waived contingencies , putting down more cash upfront , or offering a more flexible closing date. In Lunger’s market, he’s seen some listings ask for the highest and best on the very first day the home is listed.
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