Special offer

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Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I always ask for a buyers highest and best ofer first. Then the seller and I can sit and go over each and decide to accept or counter for a better price or terms Harry F. D'Elia 

Sep 13, 2016 10:52 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Harry... not sure what you mean by using "the counter offer." How a seller responds to multiple offers depends on the nature of the offers on the table. It might go to a highest and best request. It might lead to a decision to negotiate with individual buyers or just one before addressing others. There isn't any (and shouldn't be) any hard and fast rule. It should be situational.

Sep 13, 2016 10:45 PM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am with Nina Hollander on this one.  Often a counter is not necessary. Sellers likely accept the highest and best offer. 

Sep 14, 2016 12:17 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I counter when my customer wants - no rules though

Sep 13, 2016 11:08 PM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

What Nina Hollander said.

Sep 14, 2016 11:06 AM
Rainmaker
2,182,552
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Often a Seller might Turn Everyone Down and have their Agent state -

"Bring us your Final & Best Offer by ___________ @ 0:00  !!! "

Sep 14, 2016 01:13 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Of course. We are also very cognizant of appraised prices so have to keep that in mind and be realistic.

Sep 14, 2016 12:08 AM
Rainmaker
1,725,996
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

We revise our offer is given the opportunity to reflect our 'Highest & Best' . 

Sep 13, 2016 11:59 PM
Rainer
232,019
Jessie Cochran
Counts Real Estate Group, Inc. - Panama City, FL
Panama City Realty Group

Depends what the seller wants to do - price is not always the end all be all

Sep 13, 2016 11:59 PM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I review options with the seller and the seller decides.   

Sep 13, 2016 11:50 PM
Ambassador
5,049,450
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It depends on what the seller wants to do and the offers. We have a specific counter form to use for multiple counter offers if seller is countering. Sometimes one IS the best offer

Sep 13, 2016 11:49 PM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

We go back to all offers and ask for highest and best and give a time line.

Sep 13, 2016 11:28 PM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

If you mean an actual paper hard copy - no.

Your ? is phrased oddly.

Sep 13, 2016 11:12 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Harry F. D'Elia Couldn't have said it any better than Nina Hollander .

Sep 13, 2016 11:12 PM
Rainmaker
5,216,409
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Going with Nina Hollander's response. No hard and fast rule!

Sep 13, 2016 11:01 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

It's sellers decision. Most selelrs aren't going to do multiple counter offers. Submit highest and best, then reduce to best 2 03 3 best offers first, then review those again and either accept one.

Sep 13, 2016 10:59 PM
Ambassador
5,230,113
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I give the seller the option and explain that oftentimes when there are multiple Offers and we ask for 'highest and best,' we lose a buyer or two who don't want to compete.  Many times they'll elect to begin negotiations with the cleanest and best Offer and go from there.

Sep 13, 2016 10:44 PM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

It all depends on the offers in front of us.

Sep 15, 2016 11:40 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Harry F. D'Elia - this is the practice I hate! First ask for best and final offer and go back again and do the same instead of picking up the best from multiple offers!

Sep 14, 2016 04:02 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I've never used a counter offer in a multiple offer situation. Letting all agents know there are multiple offers and they should have their buyers submit the highest and best offer has worked out very well.

Sep 14, 2016 01:05 PM
Rainmaker
864,658
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

I present all the offers and let the seller decide which ones to counter.

Sep 14, 2016 12:41 PM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Only when I have multiple offers, we seem to have agents a tenancy to cry multiple offers all the time...

Sep 14, 2016 07:26 AM
Rainmaker
900,128
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

When there are multiple offers, we generally go to highest and best, if terms are similar.

Sep 14, 2016 06:00 AM
Rainmaker
763,883
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

My goal is to get the top price with the best terms for my client.  I'll use a multiple counter offer, counter offer or even have the seller accept an offer if it works out best for them.  Of course it is ultimately their decision but they do follow our lead.

Sep 14, 2016 05:57 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

Multiple offers are common in my area.  Counter offers are done if needed.

Sep 14, 2016 05:24 AM
Rainer
21,291
Grace Hanamoto
Intero Real Estate - Sunnyvale, CA
Quality, Knowledge, Professionalism, Experience

I think we used to do that a lot here in Santa Clara County, CA, but the market has changed.  There are more homes on the market and less "multiple" offers for homes, so I'm not certain that today's climate would necessarily be the best for a "counter everyone" scenario.  With more home prices adjusting DOWN than up over here, I'm thinking there is not a lot of countering going on these days.

Sep 14, 2016 05:11 AM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Never been in that situation as a seller, but as a buyer when one of those comes back at me, I call their bluff and walk away.

And some of those properties come back on the market indicating that either everyone walked away or there really was only one offer.

Sep 14, 2016 04:49 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I follow the wishes of my seller after presenting him or her with all the facts and options.

Sep 14, 2016 04:37 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

If it isn't the best offer right away...the counter won't help.

Sep 14, 2016 01:58 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It's not a counter, it is a call for highest and best with a time deadline.

Sep 14, 2016 01:36 AM
Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Highest and best and we go from there.  

Sep 14, 2016 01:34 AM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

We picked the best that is available.  Do not like to play that game. Buyers will balk at it and walk,

Sep 14, 2016 01:16 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

if there are multiple offers and there is one that is at the max as far as satisfying an appraisal, we take it, if it's a clean deal.... no point in reinventing the wheel.... when they give it to you, run with it.

Sep 14, 2016 12:20 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

We have a pre-offer meeting where we agree & then contract. No countering!

Sep 13, 2016 11:34 PM