Owner reflecting on a Mallorca terrace at sunset with notes on the table

Owner case study · Pollensa

Three offers in six weeks, and the best one wasn't the highest

The offered price is just one variable. The others usually cost more when accepted without looking.

On a Friday in late May, sitting on the terrace, the owner had three offers on a house that had been on the market for two years without moving. Some details are changed to protect privacy, but the real decision is what counts.

The difference between the highest and the lowest offer was 145,000 euros. The middle offer was the oldest, from an international buyer with pre-approved financing and a lawyer who had already reviewed the dossier. The highest came from an individual without mortgage in place who asked to delay signing by six months to sell another house.

6 weeksfrom relaunch to having three offers on the table
3 profilesGerman with financing, French cash with long timeline, Spanish with conditions
€145,000gap on paper between the lowest and the highest offer

What really weighed

What decided the owner wasn't the figure, but the risk of not reaching signature. A higher offer with a six-month timeline introduces variables that can destroy value: rate changes, buyer's mind changing, a competing property surfacing, an unexpected family event.

What could have been lost

If the operation had collapsed at five months, the property would return to the market labelled "the buyer fell through", a perception the next buyer only pays for with a discount. It would have cost more than the theoretical 145,000 euros on the other side.

Accepting the best offer means choosing the buyer who will likely sign, not the one who promised more on paper.
Summary of the conversation with the owner

Three questions worth asking on any offer

  1. What stage is the buyer's financing in and who backs it?
  2. Has their lawyer reviewed the dossier and raised concrete questions?
  3. What is the realistic timeline between deposit and signing, and why?

Frequently asked questions

How do you judge a buyer's strength?

By their financing, their lawyer, their transaction history, their tax residence and the coherence between what they say and what they sign.

Always accept the highest offer?

No. Accept the offer most likely to close cleanly. A collapsed deal usually costs more than the difference.

Are three offers in six weeks normal?

Depends on the product and the strategy. Well-positioned properties often receive serious interest in short windows after a relaunch.

When to accept a deposit, when not?

When the buyer has documental strength, aligned advisory and realistic timelines. When any of those wobbles, it is usually better to wait.