When the majority of new homes on the market will have multiple offers, buyers need to know a few things and respond accordingly if they’re going to win the bid on the home of their dreams. And it doesn’t always boil down to the highest dollar!
1. Having a pre-approval to accompany your offer is a must. Not sure how to go about this? “Contact Me” for a few recommendations.
2. The type of financing can also make a difference for the seller, and whether or not you have to ask for concessions can really affect the bottom line offer possibilities for you.
3. Limiting inspection time periods, having a higher Earnest Money Deposit, flexible occupancy and closing dates are also super helpful when a seller is choosing between offers. Having a buyer’s agent, who is savvy in negotiations and contract writing – working on your behalf to get you the best deal is key.
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