How to Make an Offer on a Home
How to Win a Bidding War in 2023 Hot Florida Real Estate Market
If you are shopping for a home in Florida hottest real estate market, fueled by high demand and low inventory with a multiple offers pushing prices even higher, it’s easy to get discouraged.
As a buyer you may be forced to compete with other buyers in a bidding war to win the home you want.
In 2023 competitive housing market home buying process can feel cutthroat at times, but you’ll be in a better position to win the house you want with an instant offer to beat your competition.
Here is how to beat the competition in a hot market:
- Come in fast and strong
- Be the first offer, the first bid has more success.
- Be prepared to move fast. When homes are selling fast, you’ve got to be faster than other buyers. If a desirable property hits the MLS, don’t wait! As the realtors tell sellers, the first buyer is usually the best buyer.
- Don’t insult the seller with low ball offers. This is not the time to low ball, not with the lack of listings out there. Nothing turns a seller off more than the buyer undervaluing their home. Make an offer either at or just slightly below asking, so the seller knows you are serious.
- Get your finances in order. Get a pre-approval letter from your lender if you need a mortgage and have a down payment ready.
MAKE AN INSTANT OFFER AND BUY A HOME NOW
- Pick your property from our web site.
- Fill out and submit the form below. Please include the MLS # or an address of the property and the amount you are offering.
- We’ll call you back quickly to provide FREE professional valuation of the property.
- We’ll prepare the paperwork and send you the contract to sign.
- When you have signed an offer, we’ll send it to a seller.
- If the seller accepts your offer, you’re on your way to a closing!
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ALICE LONNQVIST
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Palm Beach: 1-561-540-8122 Miami: 1-786-374-2385
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How to Make an Offer on a Home
WIKI REAL ESTATE INSTANT OFFERS INFO
A real estate transaction is much more complex than anything you’ve bought or sold in the past. There are piles of paperwork, volumes of laws and rules, and the general emotion involved with either buying or selling a home.
Once you’ve decided on the home you want to buy we will draft a purchase offer in your name. The offer is submitted to the seller’s agent, or directly to the seller when it’s a HMRI listing. The seller can respond in one of three ways: accept the offer, counter the offer, or reject it.
Drafting a solid offer, or purchase contract, is like successfully cooking a new recipe. As a buyer, you want to pay the lowest possible amount for your new home, and have flexible terms for items such as earnest money deposits, mortgage commitments, and closing dates. As a seller, you want to get as much as you can for the property, with few contingencies and a quick timeline.
It’s not an easy process on either party, but it can be a smooth one if you let us help you.