A highest and best offer request is usually made when a seller has received multiple offers on their home and asks all prospective buyers to submit their most attractive bids within a specific time limit. Once the seller has received all the offers, they will review them and pick the best one.
A highest and best offer request is usually made when a seller has received multiple offers on their home and asks all prospective buyers to submit their most attractive bids within a specific time limit. Once the seller has received all the offers, they will review them and pick the best one.
Best and final offer only means anything if the seller has multiple offers to their liking already. To agents it's shorthand for saying the seller doesn't want to keep haggling and is close to a decision if they're honest, or a means of adding additional pressure if they're lying.
Best and Final Offer, also referred to as 'BAFO', is the final offer provided within the negotiation process. In an RFx process, it's the final call for improvements to a proposed deal. Best and Final Offer is often a revision of an offer already submitted - based on multiple negotiations.
After the offer is drawn up and signed, it will usually be presented to the seller by your real estate agent, by the seller's agent, or often by the two together.
1 Identify your client's pain points. Before you present your offer, you need to understand what your client is struggling with and what they want to achieve. 2 Highlight your unique value proposition. 3 Use stories and testimonials. 4 Provide a clear call to action. 5 Here's what else to consider.
Definition of an Offer Presentation An offer presentation is what it sounds like – it's a presentation that showcases a buyer's offer to a seller. In some cases, especially in hot property markets, multiple buyers are making an offer on a single property.
How to Present an Offer to a Seller? 7 Crucial Steps Start with Property Research. Analyze Market Conditions. Understand the Seller's Perspective. Tailor Your Offer. Offer Flexibility. Craft the Irresistible Offer. Use Highnote to Present Irresistible Offer.
Sending offers in bulk Go to Seller Hub Active. Select Send Offers—Eligible to see your eligible listings. Select the listings you want to send an offer on and select Send Offers. Select a Percent off discount (e.g 10%). This discount will apply to all the listings you selected. Add a message. Select Send offers.
Age 55 And Older. Proposition 19 allows a property owner who is at least 55 years of age to transfer his/her Prop. 13 value to a qualified replacement property. An owner cannot transfer his/her base year value more than once.