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Making a good offer on a home is extremely important, and today I’m going to help you make a compelling offer on a home. I have three specific things that you need to do in order to accomplish this, but first you need to know the market. This is extremely important in making a good offer on a home, and it’s where you need to start from.
1. You need to be educated about the market: If you find a competent agent, they can explain the market to you and help you make the most compelling offer possible. This can give you the biggest competitive edge, especially when your agent is also a good negotiator.
2. A personal note to the seller: This is a great way for you to put a name to your face instead of a number. Buying and selling homes can be emotional, and this is your chance to play off of the heart strings of the seller. People appreciate it when you explain to them what you’re going to do with the home and how you’re going to take care of it for them.
3. Talk to a lender: Sellers want to know that you’re financially capable of buying a home, and the best way to do that is to speak to a lender and get pre-approved for a home sale. This makes your offer almost as good as a cash offer, which will put you at the top of the pile if there are multiple offers.
Overall, your agent needs to communicate with the listing agent, find out what the seller wants, and then you need to find a way to satisfy their demands. That’s the only surefire way to win a bidding war.
If you have any further questions, please don’t hesitate to contact me. I’d love to speak with you about real estate in the Triangle area!