Multiple Offers? How to get yours accepted…

Embracing young couple who have just bought a houseYou found that great home and of course you’re not the only one. For a while now we have more buyers than sellers in Sonoma County. This means that there are usually multiple offers on well priced properties. How do you make your offer stand out? Besides working with a reputable realtor there is more that you can do.

First of all: make sure your offer makes sense. If a home is priced at $450,000 and you are willing to pay $475,000 for it, make sure you are able to do this. Should you need a mortgage, make sure that either the property will appraise at that value (submit the offer with an overview of comparable sales) or show that you are able to come up with the difference in case the appraisal comes out at $450,000. Your lender can help you with this.

Next: Share your story. Write a nice letter about yourself, dutch-wooden-shoes.jpgyour family and why you like the house that much, if you can, add a picture. Recently one of my clients had to pick from 10 offers, one had a letter and a picture of the family in Disneyland. Since my clients love Disneyland, this picture caught their attention and when she read the letter, they wanted this family to get the house. There was a another offer that stood out money wise, that offer is now in second position in case the first family won’t be able to complete the sale. The same was the case for one of my other sales, it made the sellers feel good about the choice they had made.

I know for some of you this doesn’t make sense and it does not always work, yet it won’t hurt either.

Had to share this with you,

Mirjam

About Mirjam

Sonoma County Real Estate Specialist.
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