How to Handle Multiple Offers on Your Pasadena Home

How do you handle multiple offers on your Pasadena home?

Answer:
When you receive multiple offers on your Pasadena home, compare terms carefully, stay objective, and use expert guidance to secure the best deal. May Kunka explains how to navigate multiple bids with confidence.

Why Multiple Offers Are Common in Pasadena

Pasadena’s desirable neighborhoods and limited inventory often lead to bidding wars. Handling them well can help you maximize your sale price and negotiate favorable terms.

Step 1: Review All Terms, Not Just Price

Look at financing type, down payment strength, contingencies, and closing timelines.
A higher price with weak financing may not be as strong as a slightly lower cash offer. May Kunka prepares a side-by-side comparison to guide your decision.

Step 2: Weigh Contingencies and Flexibility

Shorter inspection or loan contingencies often mean less risk. Some buyers may offer flexible move-out dates or waive certain requests to make their offer stand out.

Step 3: Use Highest-and-Best Strategies

You can ask all buyers to submit their best offers by a certain deadline.
This approach often leads to stronger terms while maintaining fairness.

Step 4: Consider Buyer Motivation

Buyers who love your home are more likely to stay committed through inspections and appraisals.
May Kunka evaluates buyer communication and lender reputations to minimize fallout risk.

Step 5: Remain Compliant with Fair Housing Laws

You cannot select buyers based on protected characteristics such as race, religion, or family status.
May Kunka ensures all negotiations follow ethical and legal standards.

Step 6: Negotiate with Confidence

Once you identify the strongest offers, you can counter for better terms.
This might include a higher price, shorter contingencies, or specific repairs. May Kunka crafts strategic counteroffers tailored to your goals.

Sample Scenario

If you receive three offers—one all cash below asking, one with full price but long contingencies, and one slightly above asking with strong financing—May Kunka will help you weigh the pros and cons to select or negotiate the best option.

Final Thoughts: Turn Competition Into Advantage

Multiple offers can feel overwhelming, but with expert guidance, they become an opportunity.
May Kunka helps you navigate offers strategically to achieve the strongest outcome.

Need Help Evaluating Multiple Offers?

Contact May Kunka for a personalized consultation.
She’ll help you compare, negotiate, and choose the right offer for your Pasadena home.