One of my clients had a tough last week, losing on three different offers. Here’s the story and a few practical lessons.
My clients are 1-for-2 this week so far. You win some and you lose some.
Not every home for sale in the Seattle area receives multiple offers. This should be an encouragement to buyers and a caution to sellers. 2530 202nd PL SW, Lynnwood
Owner-occupied home buyers have a distinct advantage over real estate investors in competitive situations.
My client got this house because they paid $100,000 over the asking price before the seller received any other offers. It’s a bold strategy and one way to avoid competing with other buyers.
Most sellers have the same goal when preparing their home for sale…to maximize their profit!
The buyer’s financing is a key part of a residential real estate negotiation, specifically if there are multiple offers.
Purchasing a home that is not “for sale” is the best way to avoid a bidding war.
Want to compete with cash offers in Seattle’s hot real estate market? Waive your financing contingency.