Will Your Offer Terms Cause The Seller To Say YES Or To Seek Other Offers?


Will Your Offer Terms Cause The Seller To Say YES Or To Seek Other Offers?
By Scott Rogers • October 31, 2024
Clearly, if you are making an offer on a house, it's because you want to buy that house... so, you probably hope that the seller will accept your offer, rather than hold onto your offer for a day or two hoping to receive other more favorable offers. Thus, choose your offer terms wisely... Let's consider a house listed for $475K and the following two offers you might make... Offer of $470K, contingent on a home inspection even though you might decide not to do one. Offer of $475K without a home inspection contingency These offers might seem very similar to you -- but they will likely seem very different to the seller. The first offer will likely cause the seller to seek other offers that might have better terms. The second offer may cause the seller to just go ahead and accept your offer. The offer you make on a home you want to purchase will elicit a reaction from the seller -- what do you want that reaction to be? Do you want them to be excited to work with you, or hoping to find another interested buyer? Receive Updates by Email Recent Articles: The Comfortable Feel Of An Established Neighborhood Might Come With, Surprise, An Older Home That Needs Some Updates Home Sellers And Buyers Will Often Disagree About Needed Updates You Cannot Hear Traffic On A Nearby Road By Looking At Photos Last Call (Just About) For Selling Your Home In 2024! Sometimes An Offer Is So Strong A Seller Will Not Wait For Other Imminent Offers If You Will Be Moving To Sunnyside, VMRC Or Bridgewater Retirement Community, We Should Talk Sooner Than Later Sometimes It Makes Sense To Just Adopt The Timetable The Seller Prefers Fewer And Fewer Resale, Detached, Homes Selling In City Of Harrisonburg The Next Owner Of Your Home Might Love Different Parts Of It For Different Reasons, And That Is OK!
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Oct 31, 2024 (unless otherwise noted).
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