Just off the Katy Trail, this two-level home in the sky at 4611 Travis Street PH3 is listed for $1,029,000. Q:  What’s the best way to come out on top in a multiple offer situation? 

A:  It’s not surprising. In this recovering market with historically low interest rates, multiple offers are being made on top-quality homes that are priced to sell. In a multiple offer situation, a qualified local agent relationship is paramount. While this circumstance can be challenging, it is becoming more frequent as our local market improves. 

On the buying side, it is beneficial to have representation by an agent who knows local values and market data. An agent can help guide buyers to a strong but reasonable offer.  The buyer’s agent must be able to communicate information to the listing agent about their buyers’ qualifications and housing desires.   

On the selling side, listing agents help sellers look at more than just price.  A good listing agent will inform their seller about all aspects of the offers received—as well as buyers’ qualifications—with a goal of choosing the offer best suited for the seller to close. 

Read more at http://www.briggsfreeman.com/ask-the-experts-multiple/.

Extraordinary homes and extraordinary people create great neighborhoods. Go to briggsfreeman.com to see luxury homes for sale in the DFW area. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty. LeeLee Gioia, Anne Goyer, Michelle Wood, Amy Detwiler, Becky Frey, Jenny Wood, Lucinda Buford, Tessa Mosteller, Robin McMonigle, Ellen Harbison, Betsy Cameron, Janis Wells, Karla Trusler, Alex Trusler, Will Seale, Ginger Nobles, Susan Baldwin, Judy Sessions, Adele Broughton, Fiona Richards, Tim Cox, Baird Hicks Reed, Tom Hughes, Susie Ryan, Pete Ryan, Jonathan Rosen.