I thought this would be useful for buyers of real estate as multiple offers are so common at present.
These are the key items sellers will look at in offers they receive:
1- The offer price
2- The subject clauses
3- The deposit amount
4- The completion and possession dates.
So lets look at these in reverse order.
4- We normally have an indication of the seller's preferred closing so would try to accommodate their dates.
3- A higher deposit amount is preferred even though it does not make any difference to the final purchase price. However, if there are two offers that are very similar it could make a difference as the offer with the higher deposit can show a buyer that is more committed to the purchase.
2- The fewer the subject clauses there are in a contract the more attractive the offer...