Remove Closing costs Remove Earnest money deposit Remove Marketing Remove Seller concession
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Creative Ways To Win A Bidding War In A Competitive Market

Easy Agent Pro

In today’s competitive real estate market , bidding wars have become common. Here, we’ll explore several novel yet effective ways of outwitting competition and increasing your chances of successful bidding in competitive markets. Start by researching the current market conditions where you intend to buy a property.

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8 Ways Home Buyers Can Get Their Offer Accepted

Realty Biz

If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. With more competition from buyers, the seller has more options, and you will need to do more to get the house you want. Sellers are in the driver’s seat, and they know it. Offer a Larger Earnest Money Deposit.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

So if you are only able to get a home loan at 5.25%, you can walk away from the deal with your earnest money deposit. Due to the overwhelmingly strong seller’s real estate market some buyers are making their offers more attractive. Home sale contingency clauses are more common in buyer’s markets.

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16 Tips to Win a Bidding War on a House

The Close

Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract. That’s not including the luxury market—the median sold price in my area in Florida is around $300,000. That showed the sellers that my clients were more invested and serious about purchasing the home.

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How to Start Investing in Real Estate with $1,000

Realty Biz

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. What it doesn’t take is much money. To cover closing costs, negotiate a seller concession. Another coin with two sides is regulation.

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How to Start Investing in Real Estate with $1,000

Realty Biz

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. What it doesn’t take is much money. To cover closing costs, negotiate a seller concession. Another coin with two sides is regulation.