How To Compete With Multiple Offers

Dated: February 15 2022

Views: 47

In a seller's market, you need to be prepared to write a 𝗪𝗜𝗡𝗡𝗜𝗡𝗚 offer.   


𝟭. 𝗢𝗳 𝗰𝗼𝘂𝗿𝘀𝗲 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗯𝗲 𝗽𝗿𝗲-𝗮𝗽𝗽𝗿𝗼𝘃𝗲𝗱. - Homes are selling so fast a seller wouldn't consider your offer without an approval letter.


𝟮. 𝗬𝗼𝘂 𝗺𝗶𝗴𝗵𝘁 𝗻𝗼𝘁 𝗴𝗲𝘁 𝘁𝗵𝗲 𝗼𝗽𝘁𝗶𝗼𝗻 𝗼𝗳 𝗻𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗶𝗻𝗴 𝗮 𝗹𝗼𝘄𝗲𝗿 𝗽𝗿𝗶𝗰𝗲 - you might have to compete against other offers so be prepared with your highest and best offer.


3. We've got a lot of great strategies to help your offer stand out from the competition and an 𝗲𝘀𝗰𝗮𝗹𝗮𝘁𝗶𝗼𝗻 𝗰𝗹𝗮𝘂𝘀𝗲 is one of them.


𝟰. 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿 𝗵𝗼𝘄 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗺𝗮𝗸𝗲 𝘆𝗼𝘂𝗿 𝘁𝗲𝗿𝗺𝘀 𝗺𝗼𝗿𝗲 𝗳𝗮𝘃𝗼𝗿𝗮𝗯𝗹𝗲 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻. For example, maybe you don't need to move in right away so a few days' possession after closing for the seller would be very valuable to them - so they can have more time to move.


May be an image of sky and text that says 'HEATHER WRIGHT ANDASSOCIATES HOW TO COMPETE WITH MULTIPLE OFFERS 1. Be pre-approved 2. Be ready to offer your highest and best offer 3. Use an escalation clause 4. Offer terms favorable to the seller'

Blog author image

Heather Wright

In the competitive Des Moines market, Heather Wright combines client-focused service, innovative marketing techniques, and a decade of experience to make sure that your buying or selling experience is....

Latest Blog Posts

Questions To Ask When Looking For An Agent

Questions you should ask when interviewing your next REALTOR.And what you should look for in the answers.  If you are thinking about buying or selling real estate, you're probably going to

Read More

Expect Rates To Increase

Analysts and statisticians way smarter than me are predicting we're going to see rates increase this year.  I've been selling real estate since 2010 and I can tell you this is a

Read More

How To Compete With Multiple Offers

In a seller's market, you need to be prepared to write a 𝗪𝗜𝗡𝗡𝗜𝗡𝗚 offer.  ;𝟭. 𝗢𝗳 𝗰𝗼𝘂𝗿𝘀𝗲 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗯𝗲 𝗽

Read More

Decluttering

This is good advice to remember. I know my closets could use a little clean up and decluttering. *And if you're thinking of selling - de-cluttering is going to be a!

Read More