How to Make an Offer Sellers Can’t Refuse

When you’ve found “the one” you don’t want to let it slip away. By “the one,” I mean the perfect home. After months of house hunting you’ve found a home that matches your every criteria, in Grayhawk Scottsdale. The last thing you want is to lose the home to another bidder for reasons that can be avoided.

Here are 5 ways to help secure your offer:

1. Make sure you are pre-approved – A few months before you begin your house hunt be sure to review your credit report and make sure that it is up-to-date. Then take some short-term steps to improve your credit. Following this, you’ll want to get pre-approved by the bank so you can begin your search.
2. Don’t lowball — You might not get a second opportunity to up your bid. In today’s competitive market it’s important to bid reasonably, especially on a home or condo that is the perfect fit.
3. Use an escalator clause — This clause ensures that a buyer will increase their offer should another, higher, bid be placed on the property.
4. Add on to your earnest money deposit — Beefing up your earnest money deposit will show sellers how serious you are. This shows commitment and gives the sellers more confidence in you as a serious buyer.
5. Don’t add on contingencies — Sellers are not big fans of contingencies, so try to keep them to a minimum.  Understand that sellers are looking out for their best interest too. In a time when both parties are looking to protect themselves, try to negotiate on certain issues.

In today’s competitive housing market it’s important to buy a house or condo strategically and intelligently. Here at Trillium Properties we have an educated and passionate team that works hard for our clients. Please contact me at (602) 791-0536 or Carmen@TopScottsdaleHomes.com with any of your real estate questions.

 

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.GrayhawkRealEstate.com