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How to Insert Smart Field from 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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How do you make an attractive contingent offer?

Options that could make an offer more attractive include offering more than the asking price, offering a larger Earnest Money Deposit than requested, letting the sellers choose the closing date, picking up the sellers closing costs and limiting the time period for your house to sell.

What is not a smart way to negotiate when buying a home?

Dont think by lowballing the offer right out of the gate youll be able to get a steal, she says. In fact, theres a good chance if you come in too low, the sellers will flat-out reject the offer without even trying to negotiate with you.

What should be included in an offer to purchase a home?

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.

How do you make the best offer on a house with multiple offers?

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.

How do I make a smart offer on a house?

5 Steps For Making An Offer On A House Step 1: Decide How Much To Offer. Step 2: Decide On Contingencies. Step 3: Decide On How Much Earnest Money To Offer. Step 4: Write A House Offer Letter. Step 5: Negotiate The Price And Terms Of The Sale.

How do I make a smart home purchase decision?

Use this step-by-step plan to buy a house the smart way. Make sure youre actually ready to buy. Figure out how much house you can afford. Save for a down payment. Get preapproved for a mortgage. Find the right real estate agent. Go house hunting. Make an offer on a house. Get a home inspection and appraisal.

Whats the correct way to make an offer?

Lets break down the process of making an offer on your dream house into five simple steps. Step 1: Decide How Much To Offer. Step 2: Decide On Contingencies. Step 3: Decide On How Much Earnest Money To Offer. Step 4: Write A House Offer Letter. Step 5: Negotiate The Price And Terms Of The Sale.

What is the rule of thumb for making an offer on a house?

The rule of thumb is usually between 5 and 10 percent of the home price. Bear in mind that you could lose the money if the deal falls through, so its important not to put up so much that youd be ruined if you lost the cash.

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