Wednesday, April 26, 2017 / by Jason Huerkamp
When your offer is submitted via the real estate agent on your dream home, what is it about your offer that My Seller would prefer over all others that are presented? Most buyers think its only about price, but that is not always the case. The Seller has needs. He wants to get his home sold in the shortest possible time, for the most amount of money, with the least amount of hassle and inconvenience. The answer is literally in that sentence. So how can you make that happen?
Shortest Possible Time - A serious seller will have priced him home to suit the market. As his representative, we would have gone through the stats and decided on an appropriate price for the property in order to get it sold in the shortest possible time. Your quick move in this hot real estate market will help you get your offer in first.
When you see a property that meets your needs - act on it straight away. Sometimes the first one you see, is the right home for you. Be sure that you are able to make a quick decision when the right property is presented.
Most Amount of Money - The serious seller has priced his home to sell. With that in mind, don't try and haggle with the price if the property is right for you. If you want the home, pay the price for the property.
Be sure that you are pre-approved for the mortgage and the appropriate documents are submitted with your offer. Write out your earnest money deposit check and submit it with your offer. A Seller will be pleased with the serious offer you are making and could swing the deal in your favor.
Least Amount of Hassle and Inconvenience - The seller does not want to be bothered with any inconveniences. He realizes you need to have a home inspection done and he would welcome that for his and your own peace of mind. If you are able to forego some of the trivial issues with the house - things that you can repair without causing him to have too many workmen or inconvenience, then that could be your trump card and help you to win the deal. Too many people in and out the house disrupt their lifestyle and tranquility in a stressful time in their lives.
- Keep your offer simple and straight forward
- Try not to have too many contingencies
- Refrain from changing too much on the agreement
- Don't negotiate the small stuff
As the Buyer for a Property
- Firstly - employ a buyers agent to represent you and to look after your interests
- Get pre-approved for a mortgage
- Be sure that you know how much home you can afford
- Know how much it costs to own a home - and I do not mean just the mortgage
- Ask about the amount you need to bring to the closing table
- What contingencies should be written into your contract to protect you
Whether you are Buying or Selling a Home, you want to be sure that you have an experienced agent on your side.