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Aug 6th, 2022

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How to Annotate Offer To Purchase Real Estate

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Thank you for coming to this weeks video blog. My name is Robert Rico here at California Realty Training. Hey, thanks for coming and visiting us today. Were going to bring some more great information for us, particularly of course in the real estate field. Hope youve been doing great. Listen, todays topic: How to Make a Good Offer. How to write a good offer. Do you want to be an agent? Youve got make sure youre familiar with this kind of stuff, huh? And youve got to make sure youre familiar how to write a good offer, especially if youre planning on concentrating with buyers because buyers want a realtor who know how to write good offers. And not just your typical offer, but a good offer. An offer thats going to get what? Thats right. Accepted. Right? Now this is how it works. As a real estate agent, youre going to hope to work with a lot of buyers in your real estate career. Now, in my career, Ive worked with tons of buyers. Of all the transactions Ive done, I would say

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Is it worth writing a letter when putting in an offer on a house?

It can be helpful for buyers to make their offer stand out, especially in competitive markets. One way to set yourself apart is to include a letter to the seller with your offer. It can make the buying process feel a little more personal and a little less transactional for the seller.

What should be included in an offer to purchase?

Your offer should include: The name of the seller. The address of the property. The names of anyone who will be on the title, including yourself. The purchase price youre offering and down payment. The earnest money deposit. Any contingencies youd like to include. Any concessions youre requesting from the seller.

Why do Realtors warn against writing personal letters to home sellers?

The National Association of REALTORS warns that letters sharing personal details can raise red flags. Often those letters reference protected classes under the Fair Housing Act or state and local fair housing laws, including race, color, religion, sex, disability, familial status or national origin.

What does writing an offer mean real estate?

A written offer may contain these elements, among others: Address: The homes legal address, and sometimes the legal property description. Price: Details regarding the purchase price and terms. Earnest money: The amount and terms regarding the earnest money, including its disposition upon the acceptance of the offer.

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