After you’ve found the right home and you’re ready to build an offer with your REALTOR®, what’s next for you as a Buyer?
In this market, it’s important to put your best foot forward. Sellers are receiving multiple offers on a home and can choose to review multiple offers or, just negotiate with one Buyer. This doesn’t mean that you should give up all of your negotiation strategy as a Buyer, but you do want to make your offer as attractive to the Seller as you can…
- Binder Deposit – while this is putting some money on the line, it’s important to let a seller know you are serious and willing to put some skin in the game.
- Closing Date – the sooner you can close can be attractive to the Seller as they may be looking to move on. In Fact, this is an important consideration when choosing a lender and loan program.
- Closing Costs – Do you need the Seller to help with closing costs? This has become more common and it is important to make sure that you take these costs into account when considering the offer. The Seller will typically concentrate on their net number when considering your offer.
- Offer Expiration – Even though a Buyer can withdraw their offer at any time, putting an expiration date helps the Seller from holding onto your offer without making a timely decision. It also ensures that the Seller doesn’t use your offer to ‘shop’ for more attractive offers.
The above are just some of the items that you will want to consider when trying to put together an attractive offer. To get some more information on how to put your best feet forward contact Reel Keeper Realty at 904.414.4000 or firstname.lastname@example.org or check out our custom search site at www.viewjacksonvillehomesnow.com!