The Home Buying Process:
Step # 4. Making an Offer.
When you view a home on the market that you really want, you can hardly wait to be handed the keys. However, there is still a long way to ensure you get that home – and at a price that works for you.
The first step is preparing the Offer. This is the document we present to the seller that basically states the price you’re offering, as well as any conditions.
To put it together, we’ll contact the listing agent prior to preparing the offer to prospect for information that can help us structure the offer to be a winning one.
Obviously, the price we go in with, is critical. You want it to reflect the true market value of the property so the seller will take your offer seriously. On the other hand, you don’t want to go in too high and risk overpaying for the home.
For this reason, we’ll review recent sales of comparable properties in the neighborhood and we’ll recommend a price and terms that have the best chance of being accepted by the seller, without over-paying for the home. Obviously, sellers prefer offers that have little or no conditions. However, we may suggest a condition, such as a professional home inspection and others to be included for your protection. At the end of the day, it is going to be your house, and you will be living there, so, you get to choose the price and the conditions to offer and we’ll stand by it.
We realize that making an offer can seem like the nail-biting part of the process. It doesn’t have to be. That’s the advantage of selecting real estate agents who, like us, put clients first. When you go after a property you really want, you can take comfort in knowing you have experts on your side… someone who knows how to get that home for you.
Have questions about making an offer? Please call or email us.