There is no denying – the current real estate market is a hot market, especially for home sellers! One of the greatest opportunities and challenges for real estate agents is receiving, reviewing and organizing multiple offers with their sellers. Good organization and presentation of multiple offers is key – that’s why using a multiple offer spreadsheet is so important. It gives a quick snapshot of the basic details of each offers for easier comparison for the agent and homesellers.
We created our new Real Estate Multiple Offer Spreadsheet to give agents a worksheet to use to organize multiple offers quickly and easily. Our spreadsheet is easily downloadable in Excel format.
An easy-to-review comparison spreadsheet can make the seller’s decision-making process less time-consuming.
A great multiple offer spreadsheet should include fields for comparing price, concessions requested, down payment, financing type, earnest deposit, closing date, and additional fields for extra requests.
Presenting a concise outline via a spreadsheet to the seller to compare offers is not only beneficial for the seller but also for the agent. It keeps the basic terms organized for easy comparison. It also allows the agent and seller to plugin different variables to see different potential outcomes; helping to construct potential counter offer scenarios as well.
Multiple offers can be rewarding but stressful at times to manage and navigate. Utilizing a an free multiple offer spreadsheet is a win-win. Want access to our free downloadable multiple offer spreadsheet? Get it now!
In the current hot real estate market, it’s not uncommon for listing agents to receive multiple offers on their listings. However, sometimes the number can be staggering. For example, some agents report receiving 20-40 offers. It’s important to find a way to organize the basic terms of each offer for comparison.
This is something the agent and the client will need to discuss. Some sellers will just choose the best offer, some will ask for a highest and best by a certain deadline, some may prefer to counter offer.