October 1, 2020 | Buyers

How To Sweeten Your Offer

How To Sweeten Your Offer

 

 

You’ve found a house that you really want to buy but you’re tapped out on the amount of money that you can spend. Well, there are several different things that you can do to sweeten the deal without having to come up in price.

The first thing you need to do is have your realtor look into what the seller’s situation is to figure out what’s important to them. For example, if the sellers have purchased a new build property, they likely don’t have a guaranteed closing, so putting a clause in stating that they could extend the closing date at their request would be a huge value to those specific sellers.

If they’re an older couple or it’s an estate sale and they have lots of furniture left in the house, you could put a clause in saying that they could take what they want and leave the rest. That would be a huge value add for those specific sellers. You can get your realtor to find out what items they want to leave/take and try to be as accommodating as possible.

Removing or shortening conditions can also make your offer a lot more appealing. If you do an inspection you can you can acknowledge the known defects before in the offer and say you will not use these to renegotiate after. If you acknowledge the roof & furnace are old this will give the sellers the peace of mind that you are not going to try to use that to renegotiate the sale price. This is especially important if they have had a deal fall apart due to inspection.

There are many creative ways to sweeten your offer without having to come up in price. What you really need to do is have your agent figure out what the seller’s situation is and what’s important to them.

Want more tips on how to sweeten your offer? Click here! 

If you have any questions about purchasing a home comment below or contact us. 

GoWylde Newsletter