Real Offer or Fake Offer and How To Know.

Selling a property can be a complex and time-consuming process, and one of the most important decisions that a seller will make is deciding when to accept an offer. While it may be tempting to accept the first offer that comes along, it’s important to take the time to carefully evaluate each offer to ensure that it is a fair and reasonable one.

One of the first things to consider when evaluating an offer is whether it is a real offer. One way to tell if an offer is real is if the buyer has written a 10% security cheque with the seller’s name on it. This shows that the buyer is serious about purchasing the property and is willing to put their money where their mouth is.

Another way to tell if an offer is real is if it is within the market range. As a seller, you may want to get more for your property, but it’s important to remember that buyers will also want a good deal. An agent will help to manage expectations from both parties to ensure a fair deal for all parties.

It’s also important to be aware of fake offers. Some agents may place fake offers to test a seller’s willingness to sell or to see where the seller’s price point is. These offers are not real and are not meant to be taken seriously. If an agent calls you and says that they have a buyer who is willing to pay an amount above the market price, this is unrealistic and should be viewed with suspicion.

To avoid falling prey to fake offers, it’s important to work with a reputable agent who has a proven track record of success. A good agent will be able to help you navigate the selling process, provide valuable insights and guidance, and help you make the best decision for your property.

In conclusion, when considering an offer, it’s important to take the time to evaluate it carefully. Look for signs that the offer is real, such as a 10% security cheque and market range, and be aware of unrealistic offers. By working with a reputable agent and following these guidelines, you can be confident that you are making the best decision for your property.