Creating Competitive Offers in a Seller's Market
Posted by Colton Maher on
Content by Mara Christenson, Realtor®
Spring is in the air, and we anticipate an exciting spring market! With high demand and low inventory, standing out from the crowd is imperative. Submitting a compelling offer requires strategic thinking and creativity. Let’s discuss six strategies for buyers to make their offers shine in a competitive seller's market.
Financial Preparedness
In a seller’s market, being financially prepared is a must. Obtain a pre-approval letter from a local lender to demonstrate your ability to close the deal. You could also consider offering a larger earnest money deposit to show your commitment to the purchase. Demonstrating your financial stability can instill confidence in sellers, making your offer more attractive.
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