8 tips for helping your buyers win

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Property Investment Company
https//www.nelabuyshomes.com/
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8 Tips for Helping Your Buyers Win
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8 Tips for Helping Your Buyers Win
Just like a job interview, you never get a second
chance to make a first impression, and submitting
an offer in todays market is very similar. 1) Do
some sleuthing Listing and rental histories Tax
records Property record sources Also Google the
sellers names to get a sense of what they are
about, how long theyve owned the property,
whether there is a mortgage or if the owners have
refinanced.
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8 Tips for Helping Your Buyers Win
2. Speak to the listing agent See what you can
glean about their listing, the sellers, the
sellers reason for selling, and their desired
timing on moving and closing. Although they might
not tell you everything you want to know,
whatever information they share (along with the
research you uncover) will go a long way toward
putting the sellers situation in context when
crafting a successful offer.
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8 Tips for Helping Your Buyers Win
3. Make your first offer your best offer See what
you can glean about their listing, the sellers,
the sellers reason for selling, and their
desired timing on moving and closing. Although
they might not tell you everything you want to
know, whatever information they share (along with
the research you uncover) will go a long way
toward putting the sellers situation in context
when crafting a successful offer.
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8 Tips for Helping Your Buyers Win
4.How to determine price, terms and closing
date Sellers might accept an all-cash asking
price offer over a higher offer that needs
financing. Some sellers are leery of offers that
come in well over asking. They wonder if the
buyer will be demanding or challenging or want to
renegotiate price after inspections, regardless
of whether repairs of any kind are truly
warranted. Multiple-offer situations can always
be complicated, and the rules are there are no
rules. Whether you use an escalatory addendum or
buyers go over the asking price in their initial
offer, that information can be used to drive the
price higher with all parties. You have to assume
anything is possible, and numerous scenarios can
ensue as the agent and seller determine how to
handle offers.
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8 Tips for Helping Your Buyers Win
4.How to determine price, terms and closing
date Regarding offers going over the asking
price, a common issue with offers subject to
financing the appraisal. You might be able to
negotiate a happy medium between the buyers and
sellers by having the buyer agree to pay a
certain amount over the appraised value should
the property not appraise upfront. Find out
whats important to a seller as far as a closing
date is concerned, and if buyers can be flexible
about meeting the sellers needs, that is often a
huge tipping point in favor of that buyers offer.
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8 Tips for Helping Your Buyers Win
5.Keep it simple In a competitive market, dont
overcomplicate your offer with umpteen conditions
and requests. Make your offer strong,
straightforward and easy to understand. Sellers
are looking for certainty, so find ways to give
them precisely that. Now is not the time to ask
the seller for 10 tradeoffs in exchange for a
full-price or over-asking-price offer.
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8 Tips for Helping Your Buyers Win
6. Be detailed and thorough There is nothing
worse than submitting a sloppy and incomplete
offer. Although time is always of the essence in
offer situations today, thats no excuse for
misspelled names, addresses, legal descriptions,
and unchecked boxes or unfilled in blanks.
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8 Tips for Helping Your Buyers Win
7. Tell the buyers story, and give
context Although the National Association of
Realtors discourages buyer love letters, its
essential to provide some context to the extent
legally and ethically possible while not
addressing any areas that could open potential
fair housing violations. If the buyers appreciate
certain features about the home, be sure to relay
that sincerely. For example, if the buyers are
highly organized and appreciate all of the homes
storage options, tell the sellers. Or if the
buyers love the huge yard because they enjoy
having an outdoor space for recreation,
gardening, etc., and theyll do their best to
keep the sellers gorgeous rose garden for years
to come, share that with the sellers too.
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8 Tips for Helping Your Buyers Win
8. Be responsive, professional and easy to work
with  Although you cant write this in the offer
documents themselves, communicate to the listing
agent that you are responsive and easy to work
with, and make sure your actions match your words.
If you are a realtor, let us give you a
competitive offer!
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Nela Buys Homes Address 5532 N Figueroa
Street, 200 Los Angeles, California 90042
Website https//www.nelabuyshomes.com/