Part one of my series on how buyers and sellers can get the best deal.
Today’s post marks the beginning of a series where I discuss tips to help buyers increase the chance of getting their offers accepted in our shifting market. I’ll also discuss which qualities a seller should be watching out for when choosing the best offer for their properties. I’ll begin with a general overview, and in subsequent videos, I’ll dive into more detail on which tactics will best help buyers boost their offers and sellers net the most money for their homes.
“To appeal more to sellers, buyers also need to find out what specific terms the seller is seeking.”
Most sellers want to earn the most profit possible and be certain that their deal is going to close. They’re looking for offers with high earnest money deposits and fewer contingencies like financing, appraisal, and HOA contingencies.
Netting the highest possible price isn’t just about accepting the highest offer; to appeal more to sellers, buyers also need to find out what specific terms the seller is seeking. For example, a buyer could offer to absorb some of the seller-related expenses, like title policy and survey fees, to reduce some of the seller’s financial burden.
Stay tuned to our blog for more detailed entries on this topic. In the meantime, if you have any questions, don’t hesitate to give us a call or send us an email. We’d love to help you.
