Susan McPherson, Berkshire Hathaway HomeServices Commonwealth Real EstatePhone: (508) 479-0323
Email: [email protected]
Email: [email protected]
In a competitive housing market, home sellers are fielding numerous offers, especially in popular cities and neighborhoods. Whether you’re a first-time homebuyer or a seasoned property investor, it can be tough to make offer after offer with no success.
However, there are key things you can do to help ensure your time house hunting for homes is well-spent and to increase your chances of getting your offer accepted.
The most effective way to increase the chances of your offer being accepted is to make it in all cash. Cash offers drastically simplify the homebuying transaction, making things easier for both parties involved.
A contingency is an action needing to be completed before the contract becomes valid and the sale of a property becomes final. There are numerous contingencies found in a real estate contract; however, the most standard are for inspections, appraisals and financing.
If you intend to use a mortgage loan to purchase a home, a financing contingency protects you in case you aren’t able to secure the loan in time. In other words, you’ll be off the hook for a home you can’t pay for.
In some special situations, a buyer may decide to waive the financing contingency, to signal to the seller there won’t be any delays regarding paying for the property.
Letting a seller know you’re willing to drop this contingency can make your offer more appealing than competing offers, increasing the chances of your proposal being approved.
Sometimes to win a bidding war, you need to get on the good side of the seller. Take the time to write them a personalized letter explaining what you love about their home and why it’s perfect for your household.
Avoid disclosing significant changes you’ll make, as this may signal to them that you don’t appreciate all their home has to offer and may undermine some of their emotional connection to the property.
Working closely with your real estate agent, you can implement these techniques and increase the chances of winning a bidding war.
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My goal as a full time Real Estate professional is to provide my clients with the highest level of service. Selling Real Estate demands an agent who is first and foremost a professional able to navigate the challenges inherent in a real estate transaction. I feel that it is important to provide an array of information regarding all of your Real Estate needs in order to achieve your goals. What sets me apart from other realtors is my attention to detail, honesty, responsiveness, local market knowledge and commitment to exceptional customer service, which is validated by my customers’ reviews. You deserve a realtor who can communicate clearly and effectively while also serving as your coach and advocate and who will guide you through every step of the transaction. So, if you're thinking of buying or selling a home in the Massachusetts Metro West area, call me to help make your real estate dreams a reality. I welcome the opportunity to represent you in the sale or purchase of your home.
