In this hot seller’s market, how do you make your home offer stand out from the rest? Here are three steps I suggest you take.
The market is extremely hot for sellers right now, and as a home buyer, it may not be as easy to get your offer accepted as it has been in the past. Here are a few tips to help make your offer stand out and win you the home you want:
1. Write a compelling letter in your offer to the seller. If you and your family are really excited about this home and all of its features, let the seller know all of the specifics. Compliment the way that the seller has maintained the home, include your vision of it for your family, and make sure that the letter is personalized. I’ve seen sellers accept lower offers simply due to the fact that they would rather have a particular family live in their home than an investor or somebody that they’ve never met.
2. Have your agent personally deliver your offer to the selling agent. Have your agent meet eyeball-to-eyeball with the selling agent. Make sure they have the offer and letter in hand and have them tell the selling agent how excited you are about the home.
3. Let the seller know that you’re pre-approved. Here’s my tip: have your agent get your local, reputable lender to call the selling agent and tell them how strong of a candidate you are. Have them relay the information that your loan is fully approved, that all of your documents have been received, and that the lender is willing to do everything they can to ensure that the transaction closes on time. This will help your offer stand out, especially if the selling agent has had multiple offers from multiple lenders they’ve never heard of.
Personal touches can make all the difference to the seller.
These personal touches can make a world of difference when submitting your offer, and the seller will be more willing to work to make the deal a win-win for both sides. If you have any other questions about buying or selling a home in this hot market, please don’t hesitate to shoot me a text, give me a call, or send me an email. I look forward to speaking with you!
