Monday, March 19, 2012

Real Estate Buyers Tips



If you're looking for ways to ensure your buyer offers get accepted the first time, every time then keep reading.

Here I share these 20 tips for turning offers into closed deals:
1. Offer above list price.2. Have the buyer write an emotional letter stating why they want the property.3. Ask the listing agent what they want to see in an acceptable offer.4. Don’t bug the listing agent by calling hourly.5. Offer to pay cash, and submit a verification of funds.6. Offer substantial earnest monies.7. Make the earnest money nonrefundable.8. Shorten inspection periods.9. Offer to buy the property "as-is."10. Waive the appraisal contingency.11. Offer to pay any HOA transfer fees.12. Waive any qualifying contingencies.13. Use the listing agent’s title company.14. Have the buyer pay for the home warranty.15. Don’t ask the seller for any buyer closing costs.16. Offer to help the seller move.17. Be present when the offer is presented to the seller.18. Use an escalation clause that outbids other offers. Cap the increase and ceiling amounts, and ask for a copy of the best offer.19. Ask the listing agent what other offers have been received and when will they be presented.20. Be 25 percent more assertive than usual.

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