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What Terms Besides Price Can Improve Your Net When Selling in Lubbock?

Price gets all the attention during negotiations, but in real estate—especially in Lubbock—your net is what actually matters. And the number on the first page of the offer is only one piece of the puzzle.

I walk sellers through this every day: two offers with identical prices can put very different amounts of money in your pocket. The difference comes down to the terms buried inside the contract.

Here are the specific terms that can dramatically improve your net, even if the offer price itself isn’t the highest.


1. The Option Period (Length + Fee)

A shorter option period reduces your risk.
A higher option fee increases a buyer’s commitment.

Why it affects your net:

Buyers with “skin in the game” are less likely to walk away. That means fewer lost days on market—one of the most expensive hidden costs for sellers.


2. Repair Requests (or Lack of Them)

A buyer who signals upfront that they are not looking for excessive repairs can save you thousands.

Many sellers underestimate this, but in Lubbock, repair negotiations can become the most expensive part of the contract.

Net impact example:

Offer A: $3,000 higher price
Offer B: No repair requests

Offer B almost always nets you more.


3. Appraisal Terms

This is where financed offers make or break.

Strong terms include:

  • Appraisal waiver

  • Partial waiver

  • Buyer covering a shortfall up to a set amount

Why it matters:

An appraisal shortfall can cost you thousands. A buyer willing to bridge the gap protects your net and strengthens the deal.


4. Concessions (Or Absence of Them)

If a buyer is asking for:

  • Rate buydowns

  • Closing cost help

  • Warranty coverage

  • Prepaid expenses

…your “higher” price suddenly means very little.

A clean offer with minimal concessions often nets significantly more.


5. Closing Timeline That Works For You

Sellers forget this is negotiable.

A buyer who matches your ideal timeline—whether you need a fast close or extra time to move—can save you:

  • extra mortgage payments

  • storage costs

  • hotel stays

  • rushed moving expenses

A perfect timeline = higher net.


6. Leaseback Terms

Need extra time in the home?
A buyer offering a free or low-cost leaseback can be more valuable than a slightly higher offer price.

Time has financial value. Buyers who give you breathing room improve your net without changing the offer price.


7. Contingencies (Or Lack of Them)

The fewer hurdles, the more secure your contract.

Stronger offers include:

  • No home sale contingency

  • No risky lender stipulations

  • No unusual requirements

Every contingency adds uncertainty—and uncertainty can cost money.


Bottom Line

When selling your home, the best offer isn’t always the highest one—it’s the one that leaves you with the most money and the least stress.

When I evaluate offers for clients, I break down every term that affects your net so you’re choosing based on financial clarity, not guesswork.

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Work With Tess

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.