Whether you are Buying or Selling Manhattan Beach Real Estate, it is fairly common these days to find yourself in a multiple offer situation. Your strategy can in large part determine the outcome.
If you are selling you want to evaluate offers on at least 3 criteria:
For example, as a listing agent if I understand the "why" of why someone wants to be I can get to their motivating factor. The family who has outgrown their 2 bedroom condo and needs a larger SFR is always more attractive to me than the renter who wants to own but has not other motivation. Also attractive are the buyers who may have been relocated and are in temporary housing with their personal items in storage. Best of all are the buyers who have already sold their current home and are on a leaseback. They have to find a place to live. So understanding need vs want who has to do something can help determine who your strongest buyer is.
The buyers who have to find a place to live are more likely to be more reasonable when it comes to terms, repairs, timelines and everything else that can derail a deal.
Part of the terms to evaluate are financing terms. Unless it is an all cash offer, how much are they financing and who is the lender. I always prefer to see a strong direct lender than a mortgage broker. Are there one or two loans. What can prevent the loan from closing.