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MAKE AN O F F E R
Your finances are in order, your ideal neighborhoods identified — next up is finding that perfect property and making a competitive offer. More importantly, one that is accepted over other offers. As more and more people looking to become homeowners, it’s important to prepare yourself for the mortgage process, home search, bidding wars, and what you’ll do next if you do not get the home of your dreams.
Here are our 6 strategies to getting your offer accepted!
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EARNEST MONEY
GIFT OF TIME
COMPETITIVE OFFER
Express your willingness to work with the sellers’ timetable to go to closing. We can ask the sellers when their ideal closing date would be so the offer will make them feel like they are winning!
A good rule of thumb, specifically in a seller’s market, is to start strong. To do this, we will assess the property’s market value with a CMA and determine what it's worth in the current market.
This good faith deposit signals how serious a buyer you are. We see anywhere from 1-5% in our area.
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LIMIT CONTINGENCIES
MAKE A CONNECTION
ESCALATION CLAUSE
Tell the agent why you love their home. Is it the neighborhood park or access to top-rated schools? Maybe the kitchen size and design is everything you’ve dreamed of? Speak up! She can share this with the
An escalation clause is a way to automatically escalate your bid up to a certain dollar amount. Keep in mind, you’re risking the
Contingencies can add time to the negotiation process. According to the National Association of Realtors, the offer with the fewest contingencies is often the most attractive.
seller seeing the true amount you’ll pay and
maybe paying significantly over the home’s appraised value. Is this home truly worth it?
seller's agent to help establish a rapport.
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