Make your offer stand out in a hot market
09/26/2014 | Author: Editorial Staff
Real estate markets are very competitive in many parts of Texas. As a buyer, how do you differentiate your offer from others that a seller receives?
Show how serious you are
If the sellers are asking for 1% of the sales price as earnest money, offer 1.5% or 2%. The extra deposit shows sellers that you’re committed to purchasing their property.
Don’t ask for extras
How many contingencies does your offer include? Financing? Selling your current home? While you might not be able to eliminate all contingencies, limit the ones you ask for.
Connect on a personal level
Consider writing a note to the sellers about you and why you love their property, and include that with your offer. This letter isn’t a negotiation tool and should not include anything about contract terms; it’s a way for the sellers to see more just numbers when they see your offer.
These are only a few ways to present your best offer. Contact a Texas REALTOR® for more advice.
The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.
While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.