These are the ways we help our buyer clients write competitive offers.
Since the market here in San Diego County (and pretty much all markets across the country) has been such an extreme seller’s market, many buyers are having serious difficulties in getting their offers accepted. Inventory levels are drastically low, and many agents across the nation have been running at least 12 offers before a seller accepts. Fortunately, we at the Dream Homes Team have put together a strategy that will help buyers get their offers accepted. Today I’ll break it down for you by walking you through a residential purchase agreement (RPA) and showing you what we do to increase your chances of winning a bidding war.
Feel free to follow along in the video above or else use the timestamps below to navigate the discussion at your leisure:
2:09—Why is it so difficult for buyers in the first place?
3:37—The residential purchase agreement
4:27—Modifying your finance terms
5:44—Removing contingencies
7:08—Other terms
9:32—Natural hazard disclosure
10:27—Government requirements and retrofit
11:21—Time periods, removal of contingencies, and cancellation rights
12:23—Writing a letter to the seller
13:34—Wrapping up today’s topic
These are just a few of the tips that we recommend our buyers use when making an offer. If you have any questions or would like more details on our buyer strategies, don’t hesitate to reach out to us. We’d love to help you.
