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Market Research: Understand the local real estate market to make a competitive offer. Research comparable sales and current market trends. A well-informed offer shows sellers you are serious.
Contingencies: Include necessary contingencies, such as inspection and financing. These protect you if issues arise during the buying process. Clearly define terms and deadlines for contingencies.
Flexibility: Be prepared to negotiate terms that satisfy both parties. Willingness to adjust the move-in date or other terms can strengthen your offer. Stay open to seller counteroffers and be ready to compromise.
Personal Touch: Consider adding a personal letter to your offer. Sharing your appreciation for the home and neighborhood can build rapport with sellers. A sincere letter can sometimes sway decisions in competitive markets.
Offer Review: Work with your agent to review all aspects of the offer. Ensure all terms are clear and accurately documented. A thorough review can prevent misunderstandings later.