You may have seen the headlines lately:“Home prices are dropping.”“Denver is leading the decline.”“More than half of major metros saw year-over-year price drops…
Buyers: Make Your Offer STAND OUT
Dated: February 27 2024
Views: 70
So what's the secret to getting your offer accepted in a seller's market?
CREATIVITY. Sometimes you've got to get scrappy and think outside the box to get your offer noticed (and accepted!) Here are 5 things you could try when writing your next offer!
1. Offer to pay part of the seller’s closing costs if you're able - this includes HOA fees if there is one
2. Let them stay an extra week (or month) past closing at no cost. Sometimes having an offer that allows them a few days to get their stuff out can beat a higher-priced offer.
3. Offer to cover the difference if it doesn't appraise if you're able (just be sure to set a limit!) - this is called an appraisal gap
4. Figure out what is important to sellers & write accordingly. Do they want a certain closing date? A specific title company? Do they not want to deal with escalation clauses? I am not afraid to pick up the phone and be creative - especially if it means we can win the deal!
5. Have an inspection for "informational purposes only" or put limitations on the inspection - I have a few options we can use here depending on the home.
It's more important now than ever to have an agent on your side who's not afraid to get scrappy and creative! DM me if you think that's what you need!
Angelica Olmsted
Angelica’s path into real estate is rooted in a life full of diverse experiences and a deep appreciation for what “home” means. Growing up as an Air Force brat meant constant moves, and later, h....
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