4 Tips On Making Your Strongest Offer

Are you thinking about buying a property/home soon? If so, you should know today’s market is competitive in many areas because the number of properties for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak buying season this spring, this is only expected to ramp up more.

Remember these four tips to make your best offer.

1. Partner with us at Premier California Properties - We know the local market - We study it on a daily basis 

Rely on a real estate agent who can support your goals. As PODS notes:

“Making an offer on a property without an agent is certainly possible, but having a pro by your side gives you a massive advantage in figuring out what to offer.”

Premier California Properties are the local market experts for agriculture properties and properties with a home. We know what’s worked for buyers in our area and what sellers may be looking for. That advice can be game changing when you’re deciding what offer to bring to the table.

2. Understand Your Budget

Knowing your numbers is even more important right now. The best way to understand your budget is to work with a lender so you can get pre-approved for a loan. Doing so helps you be more financially confident and shows sellers you’re serious. That gives you a competitive edge. We have excellent loan officers that we recommend for properties with an agriculture element. As Investopedia says:

“. . . sellers have an advantage because of intense buyer demand and a limited number of properties for sale; they may be less likely to consider offers without pre-approval letters.”

3. Make a Strong, but Fair Offer

It’s only natural to want the best deal you can get on a property, especially when affordability is tight. However, submitting an offer that’s too low does have some risks. You don’t want to make an offer that’ll be tossed out as soon as it’s received just to see if it sticks. As Realtor.com explains:

“. . . an offer price that’s significantly lower than the listing price, is often rejected by sellers who feel insulted . . . Most listing agents try to get their sellers to at least enter negotiations with buyers, to counteroffer with a number a little closer to the list price. However, if a seller is offended by a buyer or isn’t taking the buyer seriously, there’s not much you, or the real estate agent, can do.”

The expertise we bring to this part of the process will help you stay competitive and find a price

that’s fair to you and the seller.

4. Trust Your Agent During Negotiations

After you submit your offer, the seller may decide to counter it. When negotiating, it’s smart to understand what matters to the seller. Once you do, being as flexible as you can on things like moving dates or the condition of the house can make your offer more attractive.

Your real estate agent is your partner in navigating these details. Trust them to lead you through negotiations and help you figure out the best plan. As an article from the National Association of Realtors (NAR) explains:

“There are many factors up for discussion in any real estate transaction—from price to repairs to possession date. A real estate professional who’s representing you will look at the transaction from your perspective, helping you negotiate a purchase agreement that meets your needs . . .” 

Bottom Line

In today's competitive market, work with us to find you a property you love and craft a strong offer that stands out.