3 Tips for Getting Your Real Estate Offer Accepted
Filed under: Real Estate
Lloyd Mize
Harvest Team Real Estate
Real estate inventory is low right now, making it a “seller’s market.” If you are interested in buying a home, then you will be up against a lot of competition with other buyers who want the same property. So, you need to submit a good offer to make sure that you capture the seller’s attention.
Here are a few things that you can do to make your offer stand out from the rest:
Back Up the Offer with Financial Proof
One of the main reasons a deal will fall through is because of financing issues. Sellers don’t want to deal with these problems, so they will often choose an offer with the highest likelihood of completion. In your offer, provide proof that you have financing that will enable you to purchase the home. Your lender will provide a pre-approval letter that, or you can show proof of funds if it is a cash deal. Attach this document to the offer to show that you are a serious buyer.
Show Justification for the Price
Are you offering an amount that is different than the asking price? Then you need to show justification for the lower price. If the home needs repairs or renovations, then you can provide a list of the work that will need to be done. Stating these facts can help the sellers to see that their asking price is too high.
Don’t Delay
When a new home is available on the real estate market, then there will be a lot of people interested in that property. If you find a home that is right for your family, then you need to take action to submit an offer as soon as possible. Delaying your offer could result in a lost opportunity for you to buy the home. Your real estate agent can help you compose an offer and deliver it on the same day.
Are you ready to submit an offer on the home of your dreams? Then it is essential that you have an experienced real estate agent available to help with the purchase. Call Lloyd Mize at Harvest Team Real Estate at (951) 551-1677
