East Valley Real Estate: What is a multiple counter offer?
Today Kristin LaVanway and Dean Ouellette of the East Valley Team talk about putting in your best offer because you don’t know if the seller will issue a highest and best or not.
Sometimes, when you submit an offer to purchase a property the Seller will respond with a Multiple Counter Offer…this gives the Seller a chance to review several offers that may have come in relatively short succession – within the same day or two. In a Multiple Counter offer, the Buyer is usually give the opportunity to modify their offer from what was originally submitted.
One thing to be careful of in today’s East Valley real estate market of multiple offers is sometimes you will not be given the opportunity to submit another offer. Sometimes they will just take a higher offer if it is at asking price and not bother with a counter. That is why, especially when dealing with banks, your first offer should be your best offer. If you really like a house don’t leave it to a negotiation process, because often times you will just lose it.
Thanks to Sasha Lopez for helping as always, hope you are having a great birthday month.
Who says you can't teach a rocket scientist new tricks. Since Kristin left her former profession for her new one she has built one of the fastest growing businesses in the East Valley. Kristin is known for her Youtube videos, make sure you check them out. 
After a long career in political consulting Dean transitioned to real estate and has not looked back. Dean is one of the sick ones who enjoys fighting with banks to get short sales approved and to help homeowners avoid foreclosure. Dean also loves making videos on the subject.
[...] VALLEY, AZ East Valley Real Estate: What is a multiple counter offer? Today Kristin LaVanway and Dean Ouellette of the East Valley Team talk about putting in your best [...]