The strongest offer for your sale is not necessarily the one with the highest price. Let's weigh the amount offered against the terms and uncertainties you would accept.
The latest reported figures cover McLean single-family homes, condominiums, townhouses and apartments together. Homes sold for an average of 98% of their asking prices. The number of homes sold in the latest market report was 25. Neither the asking-price percentage nor the completed-sale count establishes which terms appeared in those transactions.
The average percentage of asking price that homes sold for cannot tell you whether a particular offer meets your priorities. I would compare the buyer's financing, inspection requirements and proposed dates rather than ranking offers by price alone. An appealing amount deserves closer review when the agreement also leaves important obligations or timing unresolved.
Write down your preferred timing and the terms you need before comparing offers received. Review the financing and inspection requirements in each offer with me, including what must happen before those requirements are satisfied. Confirm the closing timeline with the professionals handling the transaction before accepting dates that affect your plans.
