Making an offer can be challenging, therefore, here are some important things to consider.
First, we recommend you start with your experienced real estate agent. Your real estate agent should answer questions like if the house was for sale for a long time? What are the other offers? It is important to discuss your potential offer with your real estate agent and let their experience work for you. Your real estate agent will guide you on the importance of making your first offer your best one. The first offer will more likely get a better counter offer. For example, if you offer substantially lower than the home price in your offer, the buyer will have a substantially higher counter offer.
The second important aspect to consider has a complete offer. We have mentioned the importance of a pre-qualification in a previous blog. Include the pre-qualification in your purchase offer. Also, an introductory letter can go a long way when making an offer. Talk about your family and why you love their home. Sellers may appreciate that and prefer your offer over others.
Finally, don’t be discouraged. We know the market today is tough, and you may have to experience multiple refusals before your offer is accepted. Our experience tells us the rule of three. You may lose three deals before your offer is accepted. Ultimately, you will end up in the house you were meant to have.
The home buying experience is different for every buyer. To get a customized, comprehensive consultation, contact us at staff@martino-realty.com or follow us on Instagram at Martino Realty
Group.
