Tips For Buyers

In today's fast real estate market, it may be difficult to get your offer accepted on the first home you fall in love with! Remember, it may take looking at a lot of homes and putting in a few offers to get one accepted. It doesn’t hurt to have a war chest of strategies to help your odds in getting your offer accepted. When inventory is low, time is of the essence.

Show The Seller You Are a Serious Buyer

Tip #1

Don’t low-ball the seller. Be prepared to pay fair market value. Low-balling may alienate the seller right off the bat. And it wastes everyone’s time. Plus while you are messing around, chances are another offer is being accepted. Get serious.

Tip #2

Be flexible with your timing. The more you can accommodate the seller’s move—whether they need to go quickly or slowly—the more of an advantage you'll have over other offers.

Tip #3

Put your best offer as your first offer. You may only get one chance to present the highest price you are willing to pay for the home, or that your lender is willing to approve based on your income and credit score.

Tip #4

Increase your Earnest Money deposit. A larger earnest money deposit may appeal to a seller. Ask your agent for advice. You might consider doubling or tripling that amount. You're going to pay it anyway at closing.

Tip #5

Don’t request favors of the sellers. Asking for additional appliances, furniture, fixtures, or repaint the front door could hurt your offer and get you put at the bottom of the pile.

Tip #6

Limit the contingencies. Get a pre-inspection. Anything you can do to speed up the buying process and make it easier for the seller might improve your chances.

Get Pre-Approved Before You Start Your Search

Getting pre-approved with a lender helps you understand your budget and strengthens your position when it’s time to make an offer. It shows sellers you’re serious and ready to move forward.



If you don’t already have a lender, I can connect you with trusted professionals to help you get started with confidence.