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Old 03-07-2007, 11:11 AM
 
1,343 posts, read 4,831,977 times
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I don't know what they call the process, but I've watched this Canadian show on HGTV, "Buy Me," where the realtor accepts all the offers at once at a designated time, instead of dealing with each buyer individually, as they come along. Is this a common practice in the states and is it only used in a "sellers market?" I'm curious as to whether this is an option for us to get a better profit when we put our house up for sale.

Any opinions? Thanks!
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Old 03-07-2007, 01:22 PM
 
Location: Burlington VT
1,405 posts, read 4,506,597 times
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I'm a Realtor.
I've helped sellers through this one a good number of times over my career.

Entertaining multiple offers is an excellent way to sell a house.
Looking at price, terms, and qualification letters from prospective buyers all at once is very exciting and can result in the best possible situation for the seller, and the lucky buyer.

But first, you have to have multiple offers. And that's one of the advantages to sellers of having a skilled, experienced professional Realtor represent the sellers.

As a seller, to find yourself in this fortunate position, you'll likely need 3 things: A sellers market, a good Realtor, and a well constructed listing in the MLS.

You may want to have a look at the "best marketing method" thread in this forum - I posted some relevant ideas there recently.

Best of luck to you!
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Old 03-07-2007, 01:34 PM
 
1,343 posts, read 4,831,977 times
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Thank you! I will look at the other thread.

I see you're from Burlington. I lived there in the '70s. Great city!
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