On today’s episode of “You’ve Got Questions, We’ve Got Answers,” we’re covering a very important query: How can buyers write a competitive offer?
There are four main steps you’ll need to take to do this:
Determine the best price and terms. Work with your agent to determine the terms and price that will strike a balance between being a good deal for you and the seller.
Submit your offer with the seller’s motivations in mind. When you know what the seller wants, you can play on those desires to make your offer more appealing. One component that is universally appealing is the inclusion of a pre-approval letter.
“In a hot market like our current one, you can’t afford to waste time.”
Negotiate your offer. It’s common for a seller to respond to your offer by countering your price and terms. If this happens, be willing to meet them in the middle so that you can seal the deal.
Act quickly. In a hot market like our current one, you can’t afford to waste time. To win, you’ve got to be ready to strike as soon as you find a home that suits your wants and needs.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.