Tips for Making an Offer on a House for Sale
With inventory diminishing daily and multiple offers becoming common, it is of great importance that you position yourself to have the “Best Chance” to get your offer accepted. Follow these key tips when making an offer on a house for sale.
Get pre-approved for the purchase:
This takes very little time and is of great value. At this time, identify the price range for which you qualify and which fits your lifestyle. Not sure where to start, get pre-approved with one of our preferred lenders today.
Submit a strong competitive offer:
Submit the offer as if there will be multiple offers.
Include substantial earnest money deposit:
Acceptance of an offer is sometimes determined by the amount of the deposit. A larger amount may signify a bigger commitment to the seller.
Minimize or eliminate contingencies:
The fewer contingencies, the stronger the offer.
Make a buyer profile available:
Time on the job, flexibility, reason for purchasing seller’s home, etc.
Be prepared to preview a new property quickly:
Homes sell sometimes in hours. Be prepared to make decisions quickly and be accessible to change the terms instantly.
Buyer and agent to have instant communication access:
Let us maintain instant access to each other via office phone, text, email or cellular phone.