Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Thursday, October 31, 2024
Clearly, if you are making an offer on a house, it's because you want to buy that house... so, you probably hope that the seller will accept your offer, rather than hold onto your offer for a day or two hoping to receive other more favorable offers.
Thus, choose your offer terms wisely...
Let's consider a house listed for $475K and the following two offers you might make...
- Offer of $470K, contingent on a home inspection even though you might decide not to do one.
- Offer of $475K without a home inspection contingency
These offers might seem very similar to you -- but they will likely seem very different to the seller.
The first offer will likely cause the seller to seek other offers that might have better terms.
The second offer may cause the seller to just go ahead and accept your offer.
The offer you make on a home you want to purchase will elicit a reaction from the seller -- what do you want that reaction to be? Do you want them to be excited to work with you, or hoping to find another interested buyer?
