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In some areas, homes are selling quickly with multiple people submitting offers. Here are a few ideas on how you can make your offer stand out:
– Offer more than the competition
– Use an escalation clause stating you will beat any offer by a certain dollar amount up to a set limit
– Communicate how you plan to utilize the inspection period
– Close when most convenient for the seller
– Commit to bringing more money to closing in the case of a low appraisal
Although it’s important to submit a competitive offer in the case of multiple offers, make sure you are comfortable with whatever offer you end up submitting.
We are excited to help you with your home search!
