Bankrate

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Journalist Name:Bankrate
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Hello. I’m writing an article for Bankrate and am seeking to interview real estate agents, real estate attorneys, housing professionals, personal finance experts, certified financial planners, and other experts for the following story: Why home sellers shouldn’t always accept the highest offer they get. Sellers want to get top dollar for their home. But there are some scenarios in which it can be smarter to take a lower offer (i.e., if the high ticket offer has tons of strings attached/contingencies or if the lower offer buyer has stronger financials, or if it’s a co-op and the lower offer is much more likely to pass the board interview, etc.). This article will explore these different scenarios and offer tips to readers on when to consider a lower offer. I can only accept written responses to the following questions (below), due by 1 p.m. Central, Friday, August 29, 2025. Please contact me if you’d like to participate. QUESTIONS: 1. Please explain different possible scenarios, with details, when a home seller shouldn’t necessarily accept the highest offer they receive on their home, including: a. If the high ticket offer has too many strings attached/contingencies b. If the lower offer buyer has stronger financials than the higher offer buyer c. If it’s a co-op and the lower offer is much more likely to pass the board interview d. If the seller of a high-priced home who was paying buyer commission chose a lower offer from a flat-fee-represented buyer over a higher offer from a 2.5% or higher commission buyer (in which case the lower price with flat fee connect you more money) e. Any other scenarios? If so, please provide details 2. For each of the scenarios above, please detail the risks and rewards to the seller 3. Have you personally represented a home seller who chose one of these scenarios and ultimately opted for a lower offer buyer? If so, why, what was the end result, and what did you and your client learn from this process? 4. What should home sellers consider carefully or avoid before choosing a lower offer based on these or other scenarios? 5. What are some other things to consider carefully when you have multiple offers? 6. In general, why should home sellers not always accept the highest offer they get? 7. Any other thoughts, tips, or ideas? 8. What is your full name, title, company, city/state location, and email address?  

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posted8/22/2025
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deadline8/29/2025
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