Remember that the wishlist for sellers includes a fast, stress-free sale. A buyer with the highest offer might not have the financing to make the deal happen. They may be forced to back out, meanwhile costing the seller valuable time.
Buyers may also build a lot of contingencies into the contract. The seller may be running in circles trying to complete a long list of requests, or waiting in limbo for the results of an inspection, or the buyers’ home to sell.
A cash offer with few provisions is ideal, but rare. Sellers should weigh all of the details of each offer to see which one fits into their definition of what is the best offer for the home.
The real estate agents at Berkshire Hathaway HomeServices Select Properties have years of experience in the St. Louis real estate market. They would be happy to help you get the best offer on your home.