Is There a Secret to Submitting a Winning Offer?



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As the spring real estate market continues to heat up, there is no better time to share some tips on how you can remain competitive in a multiple offer situation. Today, I share five things that will help you get your offer accepted. With inventory as tight as it is, you need to make your offer stand out if you don't want to miss out on the home of your dreams! 

  1. Have a strong financial package: Don't wait until you find the perfect home before getting a pre-approval. You need to work with a quality lender, who is willing to go to bat for you and place a call to the listing agent explaining how great you are. You also want to have your proof of funds for your down payment ready. 
  2. Present an irresistible offer: You're going to know what you want in terms of close of escrow, purchase prices, etc. - but you really need to take the seller's needs into account. That's where a great agent comes in to play. They will help determine the most feasible course of action for both the buyer and seller.
  3. Make it personal: If the seller is receiving many offers, you need to do something to distinguish yourself. If you have the opportunity to meet the sellers or the neighbors, we highly recommend it. We recommend putting together a small bio that explains what it is about the house that you love and why it's the perfect fit for you.
  4. Don't have any regrets: You want to get your offer in as quickly as possible and make as strong of an offer as you're comfortable making. If you don't get the property, know that you went as high as you were willing to go for it.
  5. Find a great agent: Not only will a great agent advise you on many different details, they will be proactive in reaching out to the listing agent and building that relationship.

As you can see, being prepared is one of the most important things you can do when submitting an offer. If you have any questions about getting yours accepted in a multiple offer situation, or if you need real estate assistance of any kind, give us a call or shoot us a quick email. We would love to help you find success in real estate this spring!