Write a winning offer

All offers have the potential to be winning offers, but there are a few things that you can do and that you might want to consider ensuring that the offer you submit is taken seriously. There is much more to an offer than just the price. We will discuss some of the things that will set your offer apart from others.

First and foremost, before you submit an offer, it is essential that you or your agent tries to derive as much information as possible from the selling agent. Knowledge is power, and certain pieces of information can really affect how strong your offer will be. For example, knowing that the seller has already purchased there next house, gives you the edge to know that they will be motivated to sell and within a certain time frame.

Most offers usually come with a standard set of subjects. The less subjects you have and the more reasonable these subjects are, should help to make your offer more attractive. This way the seller knows that you really do want to buy the house and are only including the necessary subjects to protect yourself. A quick subject removal date can also help strengthen your offer.

Price is always important. If the house is sharply priced, take that into consideration when making your offer. Lowballing can sometimes backfire when making an offer… especially if the house is priced right.

With regards to financing, do as much possible to ensure that the seller knows that you have the appropriate funds. If you have been pre-approved, consider including that pre-approval letter in the offer so that the seller knows you are ready to go.

Using some of the above tips should help you to get that dream house. Remember that an offer is contingent on a number of items, not just price. Being aware of important factors to the seller can really help to strengthen the offer you put in front of them.

For any real estate assistance in the Oakville, Burlington, Milton area contact Mary at maryobrienc21@cogeco.ca  

 

Mary O'Brien

Mary O'Brien

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
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