How to Write a Winning Offer?

In today's Boston real estate market, there is a high demand from buyers but a limited supply of houses available. This often leads to multiple offers on properties, as was the case during our recent open house in Sharon MA. There are only eight houses on the market, with three priced below one million dollars. After the open house, we received a total of 11 offers on the property.

Key Tactics for Writing a Winning Offer

Buyer agents have been contacting our office to determine the seller's preferred terms. The winning offer stood out due to its better price and overall terms. In this article, I hope to share some tactics that can help you increase your chances of having your offer accepted.

Consider Various Offer Components

It is important to remember to ask the seller what is most important to them, as the highest price may not always be the determining factor. Other factors such as a higher downpayment, waiving a home inspection or mortgage contingency, offering a lease back to the seller for more time to move, or proposing an earlier or later closing date, along with an escalation clause, can all play a significant role in getting your offer accepted.

Working with a Buyer Agent

However, waiving all contingencies can be stressful and may not be suitable for everyone. I recommend working with a buyer agent whom you trust and feel comfortable with, as they can best represent your interests in the negotiation process.

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