How to Handle Multiple Offers on Your Spokane Home (Seller’s Guide)
- Nick Briggs
- 3 days ago
- 4 min read
When you list your Spokane home and end up receiving multiple offers, it can feel both exciting and overwhelming. While this scenario often means you're in a strong position, it also brings up important questions about how to evaluate each offer and make the best decision for your goals. I’m a Spokane real estate agent, and that’s exactly why I’m writing this guide—to help Spokane homeowners confidently navigate multiple bids with expert guidance.
Are Multiple Offers So Common in Spokane Right Now?
Spokane has become a hotspot for buyers due to its appealing lifestyle, affordability compared to coastal cities, and strong demand from both local and out-of-area buyers. The combination of limited inventory and high buyer competition means it’s common for well-priced homes to attract more than one offer.
In a competitive housing market in Spokane, sellers often see multiple offers within days—sometimes even hours—of going live. This puts you in an enviable but critical position.
What Should I Do First When I Get Multiple Offers?
Step 1: Pause and review everything calmly. Don’t rush to say “yes” to the first or highest offer. Each offer has terms that can significantly impact your timeline and stress level.
Step 2: Review every detail with your Realtor. A trusted Spokane real estate agent will walk you through the full breakdown of each offer—terms, buyer type, loan strength, and contingencies.
🔗 What to Know Before Accepting an Offer on Your Spokane Home
How to Compare Offers (It's Not Just About Price)
Many sellers are surprised to learn that the “highest” offer isn’t always the best one. Here's what to consider:
Cash vs. Financing: Cash offers may close faster and come with fewer risks.
Earnest Money: Higher deposits often show stronger buyer commitment.
Inspection and Appraisal Contingencies: Fewer or waived contingencies can streamline your closing.
Closing Date: A timeline that fits your move matters more than you think.
Using a custom side-by-side comparison tool, I help Spokane homeowners evaluate offers with clarity and confidence.
Should You Counter or Ask for Highest and Best?
This is one of the top questions I hear from Spokane sellers: “Should I counter each offer or ask all buyers for their highest and best?”
Counteroffer: Allows negotiation with one or more buyers you like.
Highest & Best: Pushes all buyers to submit their top offer by a deadline.
Both options work depending on your goals, and I’ll help you decide based on current buyer behavior in Spokane and the nature of the offers.
How a Spokane Real Estate Agent Helps You Win
Having multiple offers is great—but making the right decision requires professional insight. Here’s what I provide as your Realtor:
Local knowledge of buyer behavior and financing reliability
Understanding of inspection/appraisal risks in Spokane neighborhoods
Custom net sheets to show true offer value after closing costs
Guidance to avoid legal or emotional missteps
💡 Need help comparing offers? Contact me today and let’s review everything together before you respond.
Choosing the Best Offer: It’s About Fit, Not Just Funds
Sometimes the highest dollar amount isn’t the winner. Maybe one buyer is offering flexibility on your move-out date, or they’re waiving contingencies that reduce your risk.
Example Scenario: One Spokane home seller I worked with chose a slightly lower offer because it allowed them to rent back for 30 days after closing—saving them the stress of moving twice.
⚠️ This blog does not offer legal, financial, or tax advice. Always consult with a qualified professional for those matters.
What Happens After You Accept an Offer?
Once you accept the winning offer, your Spokane home enters escrow. Here’s a simplified overview:
Escrow is opened
Buyer conducts inspections
Appraisal (if financed) is ordered
Title is reviewed
Closing documents are signed
🔗 What to Expect During Escrow in Spokane
This process typically lasts 30–45 days. I’ll be with you every step to ensure deadlines are met and you stay protected.
Final Thoughts
Receiving multiple offers is an exciting milestone—but the real win is choosing the offer that best fits your timeline, goals, and comfort level. That’s where I come in. As a trusted Spokane real estate agent, I’ve helped many local homeowners confidently navigate the process of selling with multiple offers on the table.
📞 Let’s talk about your goals. Contact me today for a strategy session tailored to your Spokane home.
❓ FAQs: How to Handle Multiple Offers in Spokane
1. How do I handle multiple offers in Spokane as a seller? Start by reviewing each offer carefully with your Realtor. Look at financing, contingencies, and timelines—not just the price.
2. Should I always take the highest offer when selling my Spokane home? No. The highest offer might include conditions that make it riskier or harder to close. It’s important to evaluate the full package.
3. What does ‘highest and best’ mean for Spokane sellers? It means asking all buyers to give you their top offer at once. This strategy can create urgency and potentially raise your sale price.
4. Can my Spokane Realtor help me pick the best offer? Absolutely. A local expert will guide you through offer analysis, negotiations, and help protect your interests at every stage.
📌 Related Blog: How To Sell a House in Spokane
About Me
My name is Nick Briggs
Being born and raised in Spokane I grew up knowing what a special place this city is, and it was my dream to help others create a life in this wonderful community by guiding them in real estate. I spent many years in the customer service industry, the experience of listening and communication showed me how much I truly loved helping people. I attended Gonzaga University and earned a Bachelor’s Degree in Business Administration to add to my knowledge of guiding, managing, negotiating, and listening to individuals, helping them achieve their real estate goals.
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