How to Get Your Offer Accepted in a Seller’s Market
The real estate market is the hot throughout the country. Almost every property for sale will have droves of buyers and fierce competition. If you’re in the market to buy a house, how do you stand out? I see the top real estate agents in the country execute these strategies. Together, we’ve helped countless clients get their offer accepted, even when they’re competing with cash offers.
Increase your odds of success with the following strategies:
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Everyone should be prepared to respond. As an example, if the appraisal contingency is being waived outcomes should be discussed if the it comes in below the purchase price. Have a clear understanding of the terms and potential outcomes.
How my lending team stands out: Once an offer is submitted it is a best practice for the lender to reach out to the listing agent to discuss timelines and provide reassurance the transaction will close and follow the timelines. While this may seem obvious, most lenders skip this important step. Unfortunately, the biggest complaint about lenders is lack of communication. An upfront call sets the tone that calls will be answered, timelines will be followed, and updates will be provided throughout the escrow period. I’ve had clients get their offer accepted based on the listing agent feeling more comfortable with our ability to close and ongoing communication. I’d love to do the same for you.