Five tips to help you stand out in multiple-offer situations. 

 

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Today we want to talk about how you can win a multiple-offer situation as a buyer. The best way is, obviously, by offering the highest price. However, that’s not always possible for most buyers, so we want to share some tips to make your offer more attractive:

 

1. Make a clean offer. Don’t include a lot of contingencies, and don’t ask a lot from the seller.

 

2. Pay the seller’s title costs. This is usually 1% of the cost of the home, but it’s a way to distinguish yourself because other buyers might not think of it.

 

3. Ask if the seller wants a leaseback. We tell our buyers that they may want to offer a 30-day leaseback.

 

4. Write a letter to the seller. This is sometimes called a “love letter” in real estate. It’s a chance to tell the seller why you love their home and why you should be the buyer for it.

 

5. Just ask. If your agent asks the listing agent what the seller wants, you can get a better idea of how to write your offer.

 

If you have questions about these tips or real estate in general, feel free to call or email us. We would love to help you.