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Today, we’re talking about how to get your offer accepted in our current market. Right now, the North Delta market has low inventory and high demand, which can make things challenging for a buyer. You may find yourself in a multiple offer situation. How do you get your offer to stand out?
First, have your agent present the offer to the seller in person. Make sure your agent goes there to represent your interests and articulate who you are directly to the homeowner. Your agent can help position you in the best light possible.
You should also get pre-approved and have your lender or bank write a pre-approval letter. Submit your pre-approval letter with your offer. This gives the seller confidence that your financing won’t fall through and that your offer can make it to the closing table.
Along with your pre-approval letter, consider including a cover letter to the seller. Talk a little bit about who you are. Tell them about your family. Tell them why you are interested in their home. Build a rapport with the seller and set yourself apart from the competition.
Earlier, we mentioned having your agent present the offer in person. You should go with your agent. We have our clients wait in the car so they can make a quick decision if they need to.
Finally, be prepared to be flexible. In our market, the sellers really do have the upper hand. Be open to closing dates that may be more favorable to the seller. Consider allowing them to rent back the property after the closing. Either way, be prepared to work with some of the seller’s demands.
If you have any questions about today's video, give us a call or send us an email. We would be happy to help you!
First, have your agent present the offer to the seller in person. Make sure your agent goes there to represent your interests and articulate who you are directly to the homeowner. Your agent can help position you in the best light possible.
You should also get pre-approved and have your lender or bank write a pre-approval letter. Submit your pre-approval letter with your offer. This gives the seller confidence that your financing won’t fall through and that your offer can make it to the closing table.
Along with your pre-approval letter, consider including a cover letter to the seller. Talk a little bit about who you are. Tell them about your family. Tell them why you are interested in their home. Build a rapport with the seller and set yourself apart from the competition.
Earlier, we mentioned having your agent present the offer in person. You should go with your agent. We have our clients wait in the car so they can make a quick decision if they need to.
Finally, be prepared to be flexible. In our market, the sellers really do have the upper hand. Be open to closing dates that may be more favorable to the seller. Consider allowing them to rent back the property after the closing. Either way, be prepared to work with some of the seller’s demands.
If you have any questions about today's video, give us a call or send us an email. We would be happy to help you!
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