There are many ways a buyer can craft a strong offer, but there are three main keys you need to remember.
What constitutes a strong offer when buying a home?
There are many different answers to that question, but the first thing you have to keep in mind is qualifications. Make sure you’re pre-qualified and consider getting pre-approved for financing, which is an additional step but enhances your desirability as a buyer.
Second, you want to be flexible with the terms of your offer. You don’t have to always pay the highest price, but consider the other terms of the agreement of sale that might matter to the seller, such as inspections, the settlement date, etc.
“Make sure you’re pre-qualified and consider getting pre-approved.”
Third, be transparent and give as much information as you possibly can. Be straightforward with your best terms and trust your agent. You hired them for a reason, so trust their suggestions. Last month, I wrote 17 contracts, 10 of which were executed and three were multiple offer situations that we won. We spend a lot of time helping our buyers put their best foot forward so they can win the house they want to move into.
If you have any questions about this or any other real estate topic, don’t hesitate to reach out to us. If we choose your question as the topic of one of our videos, you will receive a Starbucks gift card in return. We look forward to hearing from you.