Happy Friday! Are you house hunting this weekend? Want to increase your chances of winning in a multiple offer situation? Well, here are four tips.
ACT QUICKLY: In a competitive market, homes sell fast. Be prepared to act quickly when you find a home you like. If it meets your criteria don’t hesitate to make an offer.
OFFER A HIGHER PRICE: Offering a higher price than the asking price can help you stand out from other buyers. Just make sure you are comfortable with the price you are offering and that it falls within your budget.
OFFER A LARGER DOWN PAYMENT: A larger down payment can make your offer more attractive to the seller because it shows that you are financially stable and committed to the purchase.
BE FLEXIBLE WITH CONTINGENCIES: If possible, try to limit the number of contingencies in your offer. Contingencies give you an out if certain conditions aren’t met, but they can also make your offer less attractive to the seller.
Remember that winning in a multiple offer situation is not just about offering the highest price. It’s about making your offer more attractive to the seller while making sure you’re comfortable with what you’re offering.
Ready to make a move? Give me a call or send me a DM to talk about your home buying/selling needs.
ACT QUICKLY: In a competitive market, homes sell fast. Be prepared to act quickly when you find a home you like. If it meets your criteria don’t hesitate to make an offer.
OFFER A HIGHER PRICE: Offering a higher price than the asking price can help you stand out from other buyers. Just make sure you are comfortable with the price you are offering and that it falls within your budget.
OFFER A LARGER DOWN PAYMENT: A larger down payment can make your offer more attractive to the seller because it shows that you are financially stable and committed to the purchase.
BE FLEXIBLE WITH CONTINGENCIES: If possible, try to limit the number of contingencies in your offer. Contingencies give you an out if certain conditions aren’t met, but they can also make your offer less attractive to the seller.
Remember that winning in a multiple offer situation is not just about offering the highest price. It’s about making your offer more attractive to the seller while making sure you’re comfortable with what you’re offering.
Ready to make a move? Give me a call or send me a DM to talk about your home buying/selling needs.
Have you considered buying a condo?
