Multiple offers and everything in between
# Entrepreneur of the Week Rotem Aknin Ackman # Post 4
So a day late (mothers among us will understand) + an apology? I decided to dedicate the fourth post to anyone who wants to buy a property, but encounters a situation of Multiple offers, how
Will we write OTP that will be attractive enough to our seller?
There is no one magic formula, of course every property is "world and full" with a seller who has different priorities.
I highly recommend finding out what is important to the seller, and what they emphasize before
Making an offer on this property will give us guidelines for writing the offer.
When you buy a home with financing, talk to your landlord and find out with him first what will be the earliest date when you can close the deal, most sellers will prefer a quick closing that does not exceed 30 days.
If you fancy a North Carolina property, you can get it
Advantage with the proposed due diligence fee
This is an amount we pay / offer to the seller for a certain period (about two weeks) in which we examine the property and check whether it really suits us, at any given moment during this time period we can leave the contract without any explanation, and without violating its terms, offer of At least 2% of the home system will buy an advantage (indicates seriousness and desire to buy)
Reduce contingencies!
Which are basically scenarios whose job it is to protect buyers, for example Financial contingency
Says that if you do not get the financing you need from the bank, you can get out of the contract without breaking it
Work with an experienced real estate agent who knows the area and environment of the property you want, an experienced agent will know the value of the property, know how many other homes were actually sold in the same neighborhood, and therefore also know how much to bid on your property to get your offer.
On a personal note, there is nothing more satisfying than calling the customer and informing him
Congratulations your offer got excepted?
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