Making an offer on your dream home can be daunting, especially when you are putting a competitive offer on a great home in a desirable neighbourhood.
In this blog post, I’ve listed some tried-and-true tips for writing a winning purchase offer that stands out among the competition. These are helpful during a multiple offer situation, where you are competing with other buyers for the same property.
1. Make it friendly and personable
When making an offer on a home, it can be a good idea to write a personal letter to the seller. Introduce yourself to them and tell them what you love about their home, why you want to purchase it, and how you plan to take care of the home once you take possession. A seller that knows you on a more personal level, and knows you are going to take good care of their home, will be much more inclined to sign the papers over to you.
I usually write up an email on my buyer’s behalf along with the offer to help win the seller over and show why the buyer is offering what they are. This has helped me “win” many multiple offers for my clients.
2. Be flexible
Selling a home can be just as stressful as buying one, so it’s always smart to try to make the transition as easy as possible for the seller. This could mean pushing back your possession to give them a bit of extra time to move out or even taking out some demands on your end. Being kind and flexible will always set your offer apart from other buyers.
3. Write down your best offer
The first offer that you make is your best chance to make a good impression on the seller. So it’s important that your first offer is your best offer – especially when you are making an offer on your dream home. If you are making an offer and know that you are competing against other buyers, figure out the top dollar you are willing to pay for the home and offer that price.
4. Be ahead of the game
Sometimes, the early bird really does catch the worm. If you absolutely love a home, one of the best things you can do is to send your offer in as early as possible. With the help of a real estate agent, you may even be able to put in an offer before the property is listed to the public, giving you first dibs.
5. Get help from an experienced real estate agent
A good real estate agent has the skills and expertise to know how much a home is worth in the current market. With help from a real estate agent, you can make an informed offer that will impress the sellers. Real estate agents are also the first people to know about new listings and can help you put an offer on your dream home before anyone else!
If you’re ready to make an offer on a home and still need some help in crafting a winning purchase offer, be sure to contact me (Jeneen Marchant, Re/Max Real Estate) by phone: (780) 904-4240 or by email: firstname.lastname@example.org.
Hi, I’m Jeneen Marchant!
I’m here to help you find you during your next Real Estate transaction.
Home ownership is a beautiful thing and I love seeing my buyers happily opening the door to their new home on possession day. I also get great satisfaction from helping my sellers get the best price possible for their home when it is time to move on to another property.