Which approach is recommended when a seller faces multiple offers?

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Multiple Choice

Which approach is recommended when a seller faces multiple offers?

Explanation:
When there are multiple offers, the practical move is to counter the strongest offer and keep the other offers on hold as backups, awaiting the response from the buyer who received the counteroffer. This lets you actively negotiate to improve terms or price with the top offer while still preserving options from the other offers in case the counteroffer isn’t accepted or the terms don’t work out. It avoids locking yourself into one deal too early and helps maximize the seller’s potential outcomes.

When there are multiple offers, the practical move is to counter the strongest offer and keep the other offers on hold as backups, awaiting the response from the buyer who received the counteroffer. This lets you actively negotiate to improve terms or price with the top offer while still preserving options from the other offers in case the counteroffer isn’t accepted or the terms don’t work out. It avoids locking yourself into one deal too early and helps maximize the seller’s potential outcomes.

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