Real Estate

Increase the odds that your offer will be accepted

When you want to buy the house of your dreams, you would have to make a purchase offer. In real estate, this is how you formally express your intent to buy. If the seller accepts his offer, that is when he can begin the actual purchase.

Since things are going well, you can own your dream home without having to wait long. However, this is not always the case. In reality, people would sometimes have to go through a series of negotiations and counter offers just to get a chance to buy the house.

This is how it would happen sometimes. However, you can always find a way to increase the chances that your offer to buy will be accepted by doing the following:

1. Research the property. You can ask the listing agent how the sale is going. On the one hand, the availability of the property must be determined so that you do not waste time making an offer that would be rejected in the first place.
2. Work with a real estate agent to make the offer. You may have some great terms you want to include and you can definitely write them yourself. However, proper structuring of your terms is important. You should also be careful with your terms and make sure that it is better than what others may offer.
3. Make sure you make a winning deal early on. Remember that there is too much competition in the market and you may lose the deal if you play the low stakes game.

Communication also increases the possibilities

Increasing the chances that the offer will be accepted is often achieved with proper communication techniques. Anything you say in the offer can be rigid and depending on who is reading it, the way you say it can be perceived in many ways. Here is another set of tactics to get your offer accepted:

– When you make an offer, you have to know what the seller wants. Know what their conditions are and if it’s too much for you, don’t try to low ball them or play rough. Nowadays, you can’t win if you use the big stick method. It is better that you introduce them to the terms and explain its benefits. It shows that you sincerely care about their well-being as much as your own.
– Always build a good relationship with your vendor. If both parties feel comfortable with each other, it is easier to communicate. Each party will be more open to listening to the wishes of the other. Also, ideas are more welcome this way.

There are many ways to kill the cat. But overall, the winning deal usually comes from an offer that creates a win-win situation. And even if the seller will lose something, he will prefer this option. Making sure of this could save him from enduring the agony of lengthy negotiations he must go through just to convince the seller to agree to his terms.

Best of all, befriend the seller. You won’t always win when you use intimidation.

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