For listing agents
How to present multiple offers without confusing your seller.
Five offers, five formats, a seller who only looks at the top number. Agents who handle multiple offers well use the same simple sheet every time and explain it in the same order. Here is the approach.
Step 1
Put every offer on one sheet
One column per offer, one row per term: price, financing type, down payment, contingencies and their deadlines, closing date, seller credits, appraisal gap coverage, and any rent back. The seller should never have to open five PDFs.
Step 2
Show net, not just price
Add a row for the seller’s estimated net after credits and costs. The highest price is not always the most money in hand.
Step 3
Explain risk in plain words
For each offer, say in one sentence what could make it fall apart: an appraisal shortfall, a home sale contingency, a long inspection period. Sellers weigh certainty heavily once they see it written down.
Step 4
Decide the next move together
Accept one, counter one, or ask everybody for their best offer. Explain what each choice risks, then let the seller pick. Write down what they chose and why.
Your brokerage
Where your brokerage fits
- Whether you may tell buyers there are other offers, or share any terms, depends on your state, your MLS and your seller’s written instructions. Your broker will know the rule in your office.
- Ask whether your brokerage has a standard offer comparison form. Many do, and using it protects you.
- Advisors on RealAly agree, before they are listed, never to use a session to recruit you to their brokerage or team. You keep your broker; you just get a second opinion from outside the office.
Questions
What agents ask
- Should the seller always take the highest offer?
- Not always. Financing, contingencies, closing date and credits can make a lower price the safer choice. Show the estimated net and the risk of each.
- Can I tell other buyers what the best offer is?
- Usually only with the seller’s permission, and some places restrict it further. Check your state rules and your brokerage policy before sharing anything.