Wednesday, June 3, 2015

How to Win a Home in a Bidding War


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In a market like the one we're seeing in Salt Lake City right now, where buyers are seeing a lot of competition and not a lot of homes, it's important that your offers stand out to sellers. 

We have some advice to give you in order to win in these situations, and you have to have the right people, right price, and the right questions for the seller. 

Simply putting down the offer with the highest price doesn't always work, so you'll have to make your offer more appealing in various ways.

We know a lot of different vendors, such as inspectors and appraisers, that work with us and they work quickly and efficiently, which sellers enjoy. 

We can also help you out with the terms and price on the home, because we know when a home is priced well or not and can help you put down a fair offer where you're not paying too much. 

Writing an offer with the right dates and deadlines can also convince a seller that you're serious about moving in, and this can help you to win a home when you're moving more quickly than other buyers.




The most important thing you can do is to ask the seller the right questions when you are writing an offer. This will allow you to satisfy their unique demands, and this can often be the difference between winning a home and not getting one. 

So, please contact us if you're looking to buy or sell in Salt Lake City. The market is competitive right now, but we can help you buy or sell with the least amount of stress possible.