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Does the Highest Offer Always Win in Real Estate?

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Real Estate Broker/Owner with Reputable Realty # 01804752

🏡 Does the Highest Offer Always Win in Real Estate?

When you're buying or selling a home, it might seem obvious that the highest offer always wins. After all, more money is better, right?
Well… not always.

In real estate, there’s a lot more that goes into choosing the “best” offer than just price. Sellers are looking for the offer that’s most likely to close smoothly, on time, and with minimal complications. In fact, a lower offer with stronger terms often beats a higher one.

Here are five key reasons the highest offer may not come out on top:


🔑 1. Cash Offers Aren’t Always What They Seem

Cash offers tend to be the most attractive because they usually mean no lender delays and fewer obstacles to closing.

But here’s something important to understand:

💡 Not all “cash” offers are truly cash.

A true cash offer means the buyer already has the full purchase price in their bank account and is ready to close without a loan. However, some buyers—especially investors—submit "cash" offers using what's called a hard money loan. These are fast, short-term loans that come with their own risks.

And just to be clear:
👉 Hard money is not the same as actual cash.
We'll talk more about that in another blog!


đź“… 2. Fewer Contingencies = Stronger Offer

A high-priced offer that’s full of contingencies—like inspection negotiations, appraisal conditions, or a home sale requirement—can feel risky to a seller.

Sellers often prefer offers that are clean and straightforward, even if they come in a little lower on price. The fewer hurdles to closing, the better.


🕰️ 3. Timing and Flexibility Matter

A buyer who can close quickly or is willing to work with the seller’s timeline (like offering a rent-back if the seller needs time to move) can gain a major edge over higher offers that come with rigid dates.

Real estate isn’t just about numbers—it’s also about people’s lives and schedules.


🛋️ 4. Watch the Extras

Sometimes a buyer will include extra requests in their offer—like asking for the seller’s refrigerator, furniture, outdoor décor, or even sentimental items the seller intended to keep.

These kinds of requests can rub sellers the wrong way, even if the price looks great on paper. Keeping your offer respectful and focused on the property itself can make a big difference.


📉 5. Appraisal Risk

In a hot market, some buyers shoot high to win—but if they’re getting a loan, the appraisal still has to support that price.

If the home doesn’t appraise, the buyer may try to renegotiate—or worse, walk away. Sellers may choose a slightly lower offer with a better chance of appraising and closing as planned.


đź’¬ Final Thoughts

In today’s market, it’s not just about who offers the most—it’s about who offers the best terms overall. That’s why it’s so important to work with an experienced REALTOR® who understands how to write (and evaluate) strong offers that sellers will take seriously.

If you're thinking about buying or selling, I'd love to help you strategize a winning plan—whether you're going for top dollar or trying to stand out in a competitive market.

Let’s connect!

  • Sellers, looking for a unique marketing plan?

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    I'm Karen Sanchez, REALTOR

     

    "Marketing your house like no one else will." 760-684-0250

    Licensed in two states: CA and TX.

    Working in the Victor Valley and South Bay area, with some other SoCal areas by request, and the Hill Country of Texas.

    Legal stuff to follow.

    Karen L. Sanchez Broker, Reputable Realty License #01804752 Email: karen@karensoldit.net

    Berkshire Hathaway HomeServices Don Johnson Realtors, New Braunfels, TX Cell: 760-684-0250 Office: 830-624-8272

    Texas Real Estate Commission Information About Brokerage Services Texas Real Estate Commission Consumer Protection Notice

     

  • Thanks to AIME for the assist The thoughts are mine, correct grammar and formatting is all AIME.

Comments(5)

Show All Comments Sort:
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

Additionally- some markets act different from others. Since my market is largely co-op's- and co-op boards are generally far stricter than qualifying for a bank loan, I have to ensure my clients are exceedingly well qualified over and beyond what would be reasonable in other markets. I have helped my clients win over other offers that were higher because of a variety of reasons -i.e. low Debt to Income ratio, High Post Closing Liquidity levels or even because I had experience with a specific type of income restricted co-op building and the other brokers did not- giving the listing agent confidence in my ability to get the deal done while the other buyer's agents did not have this experience.  

Apr 17, 2025 03:43 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Karen - good points.

Apr 18, 2025 04:13 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

While many sellers are just focused on the $$$, it's important that they have an experienced real estate agent to help them understand all parts of an offer. Sometimes the highest price comes with too much baggage!

Apr 18, 2025 05:07 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Karen, we do need to prepare our Sellers there are terms to look at, as the purchase price should not be the only factor to consider an offer.

Apr 21, 2025 04:21 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Karen:

These are all excellent points worthy of sellers' consideration when considering offers (or before they have to). The highest offer is not necessarily the best overall for the sellers' situation.

Jeff

Apr 23, 2025 11:17 AM