💪🏻 How to make a strong offer in today's market 💪🏻

In today’s strong real estate market—where demand often outpaces supply—you need a strategy that stands out but also protects your interests. Here’s how to craft a compelling offer:

🔑 1. Get Pre-Approved (Not Just Pre-Qualified)

Why it matters: It shows sellers you're serious and financially capable.

Tip: Include your pre-approval letter with the offer.

💰 2. Offer a Strong Price

Be competitive: In a seller’s market, offering at or above asking price is often necessary.

Do your homework: Your agent can run comps to find the sweet spot that’s aggressive but not reckless.

💵 3. Increase the Earnest Money Deposit

Signal of seriousness: A higher deposit shows you’re committed.

Typical range: 1–3%, but going higher can give your offer an edge.

🕐 4. Be Flexible with Closing & Possession

Align with the seller's timeline: Quick close? Rent-back period? Whatever they prefer, if you can accommodate, it’s a plus.

📝 5. Limit Contingencies (But Carefully)

Inspection & financing contingencies: Still important, but keeping them tight (shorter periods) is often more appealing.

Appraisal gap coverage: Consider offering to cover a shortfall between appraised value and your offer.

💌 6. Write a Personal Letter (Optional but Powerful)

If appropriate: Tell the seller why you love the home. Emotional appeal can be persuasive, especially in family neighborhoods.

🧠 7. Work With a Proactive Agent

A strong, communicative buyer’s agent can make a huge difference in presenting your offer and negotiating effectively

Would you like to learn more about how we can help with your home purchase? Reach out for a free, no-obligation consultation.

Christel Renaud | Christel Miami Luxury Living

912-484-0498 | [email protected]