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How to Compete With Cash Offers: 10 Ways to Write Winning Offers

The Close

Luckily, beating a cash offer on a house is not as hard as many agents think. Many listing agents today will not review the offers for three to four days after the property becomes active. Some buyer’s agents believe the best strategy is to wait until the last minute before submitting an offer. Offer a Signing Bonus.

Rent back 105
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Southern California Home Prices Hit All-Time High in April

First Team Real Estate

You are likely to pay little to no closing costs, no repairs, and cash out big. If you’re working with an experienced FirstTeam agent, they will be able to help you find a home sales strategy that works for you and your unique goals, timeline, and needs. Advice for Buyers.

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16 Tips to Win a Bidding War on a House

The Close

I contacted the listing agent only to learn that all offers were due by 5:00 p.m. Offer Above Asking Price When your buyers are competing with others in a multiple-offer situation, and the listing agent is asking for the “highest and best” offer, it’s a good idea to suggest offering more than the asking price.

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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

There may be rare local circumstances where this will work but it should only be based on the advice of a trusted real estate agent. Before you write up your offer, have your agent contact the selling agent to learn if there are other offers on the house. Offer to rent back to the seller.

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Condos cost 30% more on average than co-ops,” says Dylan Hoffman , a local agent with over 19 years of experience, who’s sold 37% more properties than the average New York agent. Closing costs can range from 2.5% A top agent will help you remain competitive even in a cash market. million in condos.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

From a seller’s point of view, if there are two offers that are otherwise identical, and one buyer can pay cash, the cash offer is likely to be viewed as the stronger offer because the buyer 1) definitely has the money, which means that they can 2) close quickly. How else can you compete with a cash offer that’s waiving the appraisal?

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

If you accept Offerpad’s Express Cash Offer, you’ll pay a service fee that is 5% of the offer price plus 1% in closing costs. Opendoor charges a 5% service fee and an estimated 1% for closing costs. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers.