Learn expert tips for making an offer that sellers can’t resist.
Are you looking to make a strong offer on a home? Misty Darling spoke with Abbi Gilson and Shelby Allgood recently about this on our weekly radio show “The Central Iowa Real Estate Scoreboard” on KxNO. Here are four tips that can give you the edge in today’s competitive market.
1. Partner with a Real Estate Agent. Having a professional by your side gives you a massive advantage. Real estate agents understand the nuances of the market and can help you determine the right offer price. They also guide you through the process, ensuring you avoid common pitfalls.
2. Know the Competition. Before making an offer, find out if there are other offers on the table. This information is crucial as it affects your offer price, the length of the inspection timeframe, and the amount of earnest money to include. Always opt for an inspection to uncover any potential issues.
3. Understand Your Budget. Make a strong but fair offer based on your financial situation. Decide if you need to ask for closing costs to be covered, which can help if you have limited cash for the down payment. Structuring your offer to meet your budget while remaining competitive is key.
4. Present Your Offer Professionally. How you present your offer can make a significant difference. Instead of focusing on negatives like the home’s condition, emphasize your genuine interest and willingness to negotiate. A respectful, well-worded offer is more likely to be positively received by the seller.
By following these tips, you can make a compelling offer that stands out. If you need further assistance or have any questions, feel free to call or email me.