The strongest offer for your sale isn't necessarily the highest price. I'll help you consider payment, conditions and timing together before you decide which terms work for you.
For Rochester single-family homes, condos, townhouses and apartments, homes sold for an average of 99% of their asking prices in the latest market report. The typical sale price was $525,000. The number of homes sold in the latest market report was 31. Reported housing supply, measured in months, was 2.52.
The average percentage of asking price that homes sold for does not establish the quality of an individual offer. A higher offer price still needs a careful reading of financing requirements, inspection requirements and deadlines. My priority would be helping you understand each commitment before trading a preferred term for additional money.
Compare offers received using the same categories, including price, deposit, financing documentation and requested closing date. Review what each inspection or financing requirement allows the buyer to do and which deadlines require your response. Discuss the money you would keep after paying the mortgage and sale expenses before choosing whether to accept or counter.
