10 Strategies to Win in Multiple Offers Every time!
- 1. Non Contingent on home sale
2. You may need to offer over list price.
a. Highest and Best FIRST- One and Done.
b. More offers = likely higher price.
3. Understand the mindset from the Seller’s perspective
a. Closing Costs are an expense to the seller.
b. Work within their closing time frames
c. Nothing Weird.
4. Handwritten letter with offer
a. Sell story with pictures
5. Guaranteed Pre- Approval
6. Short closing time frame. We can close in 21 days.
a. Seller does not make next payment
7. Contract –
a. Appraisal Contingency- Agree to Pay $X.00 amount above low appraisal.
b. Shorten contingency timelines
c. Extra time to vacate at no extra cost to seller
d. Big Earnest Money- Entire Down payment?
e. Short Inspection with a reputable company (limit on repairs)
f. Clean, no warranties,
8. Allow seller lease back up to two months
9. Lower down payment show asset statements
10. Play the game to win!