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Buyer's Price Declaration Gets Higher Prices!
23 Oct 2023| Posted by: Dave Tidbold
Achieving a sale and receiving the very best possible price when there are multiple buyers is not necessarily the same outcome for many sellers.
False Success
Most agents go back and forth between each buyer asking them to pay just a little more until they eliminate all buyers and are left with just one. But, how would you feel if you found out later the buyer who bought your property for $890,000 was willing to pay $915,000? That's $25,000 more!! Would you consider the sale a success? As happens so often, the buyer who secured the property left with the seller's money still in their pocket.
Traditional real estate agents have no strategy or system on how to negotiate the highest price with their buyers when there is more than one buyer interested in a property.
The Buyer's Price Declaration process is the smartest way to sell for the highest price.
Here at Tidbold Real Estate we prefer to use a process called the Buyer's Price Declaration.
A Buyer's Price Declaration takes place when there is more than one buyer interested in a property and this process is known as the best way to negotiate with multiple buyers. Sellers often get tens of thousands of dollars more. Below is an example:
"I was presented with THREE great offers by the Tidbold Team. The highest offer was $25,000 above the second highest offer, and above what I had expected."
Jeff Duke
A Buyer's Price Declaration allows a skilled salesperson to negotiate with each buyer one-on-one to discover the buyer's highest price and best conditions. Each buyer then signs a Contract of Sale along with a Buyer's Price Declaration form declaring their highest price.
All Offers Are Kept Confidential
All offers are kept strictly confidential. Offers are then placed into sealed envelopes and are only opened along with all other offers in the presence of the seller.
The two key factors that make this process a success are a good negotiator and keeping the offers confidential.
The Tidbold Real Estate Team aim to make your selling and buying experience a safe and enjoyable one. All our team are trained experts in negotiation, marketing and the residential property sales process.
Remember, if you sell with us, you will be safe. We offer you our SMARTRE SALE Strategy which includes a NO SALE, NO CHARGE service with ZERO upfront advertising costs, and of course a written SERVICE GUARANTEE.