In today's hyper real estate seller's market the seller's timing may have an impact on the way the buyer's offer is structured. Typically it is the highest and best offer that wins out, but there are instances in which the seller prefers to have possession of their home after the sale. An example of this is when the seller is purchasing new construction and the new home will not be ready for 30-60 days after a possible sale date of their current home.

I had a client win a bidding war with just a small amount above list price because they were able to allow the seller to stay in their home for 30 days after close. You can imagine that this was attractive to the seller as they didn't have to secure and pay for temporary housing. In addition, the seller did not have to pay for two separate moves.