Easily Insert Amount Field to the Offer To Purchase Real Estate

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How to Insert Amount Field to the 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 a

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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.

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Do realtors talk to each other about offers?

REALTORS, in response to inquiries from buyers or cooperating brokers shall, with the sellers approval, disclose the existence of offers on the property.

How much should you offer over the asking price?

Most people make an offer that is between 5% to 10% under the asking price. This is because sellers are aware of this tactic and put their house on the market for more than the actual property value. However, its important not to make an offer that is too low or too high when submitting your first offer.

Can an estate agent tell you the amount on other offers?

Can you find out other offers on a house? Estate agents are legally required to tell potential buyers of other offers on the property but not the offer amount. So, if youre trying to buy a home and someone else makes an offer, the estate agent must tell you about any other offers.

What do you write when making an offer on a property?

Write down 2-3 brief sentences on why you want the property and what you love about it. Homes are very personal and sometimes a seller will accept a buyers offer knowing its going to someone who will love it in the same way as they (the seller) did rather than it going to a property investor, for example.

How do you win a multiple offer situation?

How to Get an Offer Accepted on a House with Multiple Offers Present an offer with no contingencies. Offer a larger down payment and earnest money deposit. Add an escalation clause. Waive the appraisal contingency. Present an all-cash offer. Position yourself as flexible. Write a personal letter to the seller.

Can you ask what the highest offer is on a house?

A request for the highest and best offer can occur in real estate when a seller receives multiple offers during the sale of their home. The seller might request interested buyers to submit their highest offer with their best terms, allowing them to choose whichever one they like best without engaging in negotiations.

How do I work out how much to offer for a house?

As with all negotiations, when you are making an offer on a house, start low. A good rule of thumb though is to offer 5% to 10% lower than the asking price. Dont forget that sellers often take this into account and deliberately put their house on the market for more than they expect or would accept.

What happens when there are multiple offers on a house?

When there are multiple offers, the seller typically takes one of three actions: Accepts the most favorable offer. Counters all offers to give everyone a chance to come back with a better bid in an effort to get the best price and terms. Counters the offer closest to the price and terms the sellers seeking.

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