Best Tips Compiled from Actual Expert Real Estate Agents on How to Win the Offer in a Seller’s Market to Secure Your Dream Home.
Winning the offer in a competitive market environment is not always about the buyer who bids the highest price.
If the terms are not as favorable (or as secure) as another bidder’s offer, you could find yourself on the losing side.
These tips are for use in a highly competitive environment, specifically a seller’s market. A seller’s market is typically defined as a situation where there is currently 6 months or less available inventory of homes on the market.
Below is a list of guidelines and tips to help you outline the specific terms you should offer to get you in the top position in the eyes of the seller.
We start out with the more general items you will need to take into consideration. Then, we’ll move on to the more specific items you need to include (or not include) in the home offer in order to win.
5. Consider the seller’s needs and write your offer to match their preferences. This can be anything from the details in the actual offer, whether their priority is…
Hopefully this helps you out in a competitive situation when emotions are high for you and the seller. These are some of the safe, rule of thumbs to winning the bidding war and winning the offer on the home of your dreams.
Have patience, stick with it, get yourself a good agent and enjoy the process.
Best of luck!
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