Health & Fitness
Get Your Offer Accepted
It takes a knowledgeable Realtor to get your offer accepted in this market. Review the home buying process before you look at homes so you can move quickly when you find the perfect place.
Many home sellers are enjoying this current change in the market and finding that their home is selling faster and for more than they anticipated. It is a nice change after a long dark period of falling values.
I've had at least one client who thought they were going to do a short sale find out they could sell their home quickly and walk away with money in their pocket.
If you think you may have to do a short sale, you may be pleasantly surprised with the change in the market.
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Many sellers are receiving multiple offers on their properties. How do home buyers succeed in this market against the competition?
The first step is be prepared. In the past that meant simply having your loan docs in order and introducing your lender and your Realtor so they could coordinate things on your behalf.
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The first thing I do with my clients is meet with them and explain the current market and the different strategies that might be employed to help them get their offer accepted.
Knowing what to do and why before you are in the heat of the negotiations can make everything go much smoother for all parties. Submitting your offer quickly, well prepared and with supporting documentation is imperative. But there are things buyers are doing to stand out.
If you are purchasing a home in a high fire area, submitting an insurance quote will help you stand out. Some buyers have delivered cookies with their offers, others have offered trips or cruises as incentives to the sellers.
Each market area is different, but the competition to get an offer accepted is higher now than in the past. If you understand the process and the different strategies, you will be able to move faster with greater assurance and confidence.
You can get your offer accepted in this market. And if you are a seller, you should also take the time to have your agent explain the buyer's process to you as well so when the offers come in you understand how to evaluate them. It's not all about price. It's about making sure the transaction will happen.
If you have questions, feel free to call me or post your question below. I can be reached at 408-472-7988