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Get Your Offer Accepted-Tips to buying a home in the Twin Cities real estate market today!

January 18, 2013 by · Leave a Comment 

As the market shifts from a buyer’s market, it’s good to know how to improve your chances to have the seller accept your offer.

Once you decide on a home, don’t waste time; write an offer and submit it as soon as possible. Competing with another buyer happens more frequently than you’d expect. Multiple offers are a seller’s advantage but here are some tips to level the playing field:

* Realistic offer – don’t give the impression you’re trying to “steal” the property. Submit comparable sales that justify your offer.

* Pre-approval letter – this satisfies seller’s biggest concern that an unqualified buyer will unnecessarily take the home off the market and the seller will lose other opportunities.

* More earnest money – it shows you’re serious and makes the seller feel like the contract will actually close.

* Minimize contingencies – from a seller’s standpoint, each contingency is one more reason why the sale won’t go through. They feel the home is “off the market” and they’re in limbo.

* Shorten inspection period – your agent can help you set a reasonable date but let the seller know you’re willing to close prior to that if possible.

* Write a personal letter to the seller telling them why you want their home – this can be the emotional connection to the seller that makes the difference in you getting the home.

A seller wants to feel confident that the offer they accept will actually close so they can plan for their next move. Following tips like these can definitely affect negotiations and help put together an offer that is more likely to be accepted. I have been selling homes for 26 years. Let my experience help you make the right decision for yourself and family.

Sincerely,

RE/MAX Results

John Mazzara

Broker Associate

CFP CLU ChFC CEBS MBA MS CMB

7300 France Ave S #410

Edina, MN 55435

John@johnmazzara.com

http://www.MinneapolisStPaulHomes.com

612-386-7027

952-929-2577

How Can I Help You?



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Disclaimer: This communication is provided to you for informational purposes only and should not be relied upon by you. RE/MAX Results is not a mortgage lender and so you should contact a mortgage broker or lender directly to learn more about its mortgage products and your eligibility for such products. Regarding specific blog postings, external links and any other information found on this site, neither John Mazzara nor RE/MAX Results assumes any responsibility nor guarantees the accuracy of this information and is not engaged in the practice of law nor gives legal advice. It is strongly recommended that you seek appropriate professional counsel regarding your rights as a homeowner. John Mazzara and RE/MAX Results are not associated with the government, and our service is not approved by the government or your existing lender. Even if you accept this offer and use this site and/or our services, your lender may not agree to change your loan should you decide to pursue a short sale or any other change involving your loan or loan terms and conditions. If you should decide to engage our services in marketing your home as a short sale, there will be no up front cost to you and you may cancel our listing contract at any time.

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