The Highest Offer vs. The Best Deal

When you're selling a home, the highest offer on the table isn't always the one you should take. A $720,000 offer loaded with contingencies, a long closing timeline, and financing conditions can easily lose out to a cleaner $695,000 all-cash offer with a 7-day close and no contingencies.

Here's what to look at beyond the number:

• Financing vs. cash. Cash offers close faster and carry less risk of falling through.
• Contingencies. Inspection waivers, as-is clauses, and no financing contingencies reduce the chance of a deal collapsing.
• Closing timeline. A faster close may matter more than a few thousand dollars, especially if you're already under contract on your next home.
• Earnest money. A larger deposit signals a serious buyer.

Your Coldwell Banker Premier agent can help you weigh every offer on its full merits, not just the price. Contact us to talk through your options.