Compare Listings

Tips when making competitive offers

Tips when making competitive offers

When you are purchasing a home, contract and price negotiations are a key part of the transaction:

Be quick to respond to counteroffers – Delays in responding leave space open for another buyer to step in and create a bidding war.

Get help from your real estate agent – Take advantage of my experience in real estate.  I can provide information about contract wording and potential pitfalls.  I can also share with you information regarding market conditions that can help you understand your relative negotiating strength.

Work with a Loan Officer Early – Sometimes buyers inch up in price during the house hunt and in the course of formulating their offer.  It’s important to keep in touch with your loan officer if the price goes above your previously approved loan amount.


img

helen

Related posts

September Newsletter – Housing Market Updates for the Greater Bay Area

A note on the data: We utilize data from the California Association of Realtors®, which provides...

Continue reading
by admin

September Newsletter – Key News and Trends

The pandemic tested the efficacy of large-scale remote work, causing companies to reconsider the...

Continue reading
by admin

September Featured Agent – Susanna Leung

Susanna Leung has been part of the team working with her childhood friend Helen Chong, founder of...

Continue reading
by admin

Join The Discussion

Translate »