Is it just me or..

[cdeguzman523]

Hey guys. I`ve been looking around and it seems that when placing multiple offers there seems to be an "industry standard" of the following:

1. all cash, 30-40% less fmv, 14 day close
2. 15-20% less fmv, 40 day close
3. full price, 5-6mo close

If I were a vendor, all three of these offers seem to be unsatisfactory. Can someone please analyze, clarify, correct or comment on the way I look at this please? I`m completely open to hearing everybody`s opinions. Thanks!

 

[Thomas Beyer]

It depends on property type, time in a cycle, seller motivation, condition of property, interest rates ...

This business is too complex a business with too many variables to say that "this is the standard" !

What property type are you talking about ?