What it takes to win
The East Bay is an aggressive and competitive market, requiring you to strategically position yourself in the mind of the seller as the obvious best choice.
Here are some general guidelines for writing a strong offer:
1. Review the relevant sales and market conditions prior to making an offer. Factors to consider include the condition of the home, length of time on the market, competition and urgency of the seller.
2. Give yourself room to compete. Ideally, you will want to find homes that are below your maximum so you have room to negotiate on price, should the need should arise.
3. While it is important to offer a price that is attractive to the seller, they will often consider other elements before acceptance. How much money you put down on the property, and any contingencies or financing terms are just a few factors that may make the difference.
4. After your offer has been written, your agent will meet with the seller’s agent to negotiate on your behalf. The seller may accept, reject or counter the offer with changes.
5. You will be notified immediately of the outcome. Should the seller counter, your agent will work with you to review each specific request and move the contract forward to closure.
