Tag: “making an offer”

Here's 3 tips to avoid rejection when you make your offer on a house

We all know rejection sucks. House hunting is a very emotional process. Finding a home you really love only to have your offer rejected can be confusing and frustrating. The experience can feel personal and leave buyers apprehensive to make another offer. But, the fact of the matter is that offer rejection is a very common part of the process, especially in seller's markets. Some might even call it a right of passage on a buyer’s journey to homeownership.

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If at first you don't succeed: when your offer on a house gets rejected

Unfortunately, not every offer on a home is a winner, especially in competitive markets. But, that’s not to say that you should just sit back and wait for fate to take its course. If you’ve had bad luck with submitting offers and want to make sure that the next one you submit sticks, we’ve laid out some of our best tips to help you get noticed by sellers. Here's how to stand out from the crowd &

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Here's the 1 major 🔑 new homebuyers learned from their first rejection

While there's lots of things we can’t tell you -- such as when you should leave home to avoid standing traffic on the freeway or how long that avocado will actually last in your fridge (because, you know, avocados gonna avocado) -- we can provide some insight into one crucial pitfall many new homeowners wish they’d avoided before they experienced their first offer rejection during their homebuying process. While this should come as no surprise, rejection doesn’t

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The art of the deal: how to figure out what to offer on a home

So, you've found a home you could really see yourself living in. That’s when the real fun begins: sitting down and making that offer. As we’ve discussed before, offers have many different components, but the biggest factor among them is the price. Before going any further, you’ll need to figure out what to offer on the home. So, we’ve rounded up a set of considerations to help you land on a price that feels comfortable to

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When is making a back up offer worth it?

So, you’ve finally found the perfect house, except there’s just one little problem to contend with: it's already under contract. While you probably think it best to move on to other options that are still available, you should know there's another option to consider: the possibility of submitting a backup offer. So, exactly what is a backup offer? At first, the concept of a “backup offer” can seem fairly simple. After all, it’s just what it sounds

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Escalation clauses: what are they, and why should you be careful with them?

For many buyers, adding an escalation clause seems like the answer to a big problem: the end to endless negotiations in a bidding war. Especially in seller’s markets like the ones we’re seeing today, this clause may seem like a huge relief. But, there are several considerations before deciding to include one to ensure you've got your best foot forward. What is an escalation clause? An escalation clause is most often seen in markets where multiple offers are

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5 big considerations when negotiating a house offer

Buying a house is all about mastering the art of give-and-take. Many buyers think that the purchase price is the main negotiation point, but in reality, that’s only one piece of the offer. By learning where your major negotiation points are (and how to use them), you’ll have the advantage of being able to craft an offer that works in your favor while simultaneously seeming beneficial to the seller. Realistically, there are five big negotiation points to consider

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Submitting an offer below asking price? Here's what you need to know.

Once you're serious about buying, deciding how much to offer on a house becomes one of the most pressing concerns. It’s hard to find the balance between trying to get a fair deal, writing an offer below asking, and actually getting the house. Luckily though, we’re here to help you sort this issue out. We’ll explain when a low-ball offer is appropriate, how to determine the right sale price, plus a few alternative ways to save. With

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Homebuyer how-to: writing an offer letter that will get you the house

Here's one of real estate's not-so-dirty secrets: Most of the time, accepting an offer is about so much more than the bottom line. These days, especially in competitive markets, buyers need to do whatever they can to make there offer stand out and feel little less transactional. One way that they can do that is by writing a killer offer letter. Whether you’ve been house hunting for a while or just started looking, read on for some tips and

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