Monday, April 18, 2011

Ways to get YOUR offer accepted


I have heard so many people say that the market is still a buyer's market.  It is not, there are numerous cases of multiple offers being placed on those Homes for sale in Waukesha County.
So, how do you get your offer accepted?

Here are the Top 5 Ways that I would recommend:
1) Have your Waukesha County Realtor - LISA BEAR - RE/MAX, REAL ESTATE with RESULTS research the activity so that you know what is a fair and reasonable price for the home.  Be sure to consider those things that might make the home you are considering worth more or less such as updates, lot, and time on the market.  Be sure your  Waukesha County Realtor - LISA BEAR - RE/MAX, REAL ESTATE with RESULTS archives the history to understand how many times it has been bought or sold.  Then make your decision.  It is a rule of thumb that homes that are priced fairly will sell for between 95 and 97% of list price.

2) Decide if you really need closing costs.  If you are buying a home over $200,000; it is "unusual" to ask for closing cost help.  It is done, but if you want a clean offer, leave it out if possible.  It you offer $200,000 and ask for $3,000 in closing costs, that is really a $197,000 offer to the seller.

3) Ask the seller what type of closing date and possession work best for them AHEAD of time, especially if you have some flexibility.  For example my buyer wrote an offer in March with a May closing because it worked for them and they knew the sellers hadn't found a place to move to.  How did they know, I asked!

4) Be sure you are pre approved for the loan and attach that letter to the offer.  The more you can put down, the more attractive your offer will look to the seller.  It just eases their minds on the financial status of the buyer.

5) Make the time frame to respond to the offer as short as possible but be reasonable.  Don't give the seller several days to decide.  Urgency is important to keep other offers coming in while they are considering yours.

If another offer comes in during the time you are looking or negotiating, Waukesha County Realtor - LISA BEAR - RE/MAX, REAL ESTATE with RESULTS will be be aware of how to handle "Best and Final Offer".

Overall your offer should not have any contingencies, such as "selling your home first" or "receiving the job offer", etc.

I hope you find the right home for you.  As Waukesha County Realtor - LISA BEAR - RE/MAX, REAL ESTATE with RESULTS  tells all her buyers, "I want to sell you, ‘I gotta have this house' rather than ‘This one could work'"!

Call me today and find out how I can help you buy or sell your home smoothly and efficiently.

Courtesy of Lisa Bear RE/MAX Realty Center

262-893-5555 Office/Cell
(888) 872-0526 
Direct Fax

 
Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients
 
Look for properties across Wisconsin on MLS at http://www.lisabear.com

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