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6 Strategies for Representing Buyers in Today’s Market

RIS Media

Agents can help buyers write the very best initial offer by contacting the listing agent to find out their preferred terms for closing dates and occupancy, rent backs if necessary, financing or cash options, so that they can put the best terms in their initial offer. Be relentless and resourceful.

Marketing 102
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Listing agents: Don’t ghost your sellers

Real Trends

If you have clients that are thinking about offering, keep in mind that the offers we have already received are well above list price, have waived inspection and appraisal, and are willing to honor the Seller’s request of a free 60-day rent-back.” So not cool.

Agents 103
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16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. For example, many agents ask sellers to cover closing costs for their buyer clients. Offer Rent Back The possession date is often a point of negotiation in any sale.

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Buying a House Online? How to Get it Done in 15 Steps

HomeLight

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. Your agent can set you up with MLS access, filtered for your criteria. They worry that the buyer could back out of the sale at the walkthrough if they see something they don’t like.

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What Is a Home Sale Contingency?

HomeLight

They’ve accepted an offer and set a closing date, thus their current home sale just needs to be “settled” in order for the purchase of the new home to go through. Thus, the offer on their new home would be contingent on them first finding buyers and then closing the sale on their current home. Offer to pay the seller’s closing costs.

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Why Hire a Real Estate Agent? 11 Reasons Why Buyers Should Work With A Pro

HomeLight

Coordinate with the closing attorney and seller’s agent to finalize the sale. … and being able to close within a period of time that works for both you and the seller. Think mortgage lenders , inspectors, appraisers, closing attorneys, repair professionals, and lots more. Help you identify possible opportunities for negotiation.

Agents 105
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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

Not only do they guarantee a cash sale, but they also extend a no-obligation offer and will close on the sale within 30 days. A cash offer from a fix-and-flip investor typically is more guaranteed to close. With a traditional home sale it can take months to list, sell, and close. The home offer is guaranteed. Thomas Taranto.