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Seal the Deal: How to Make an Offer on a Bothell Home

Table of Contents

How to Make an Offer on a Bothell Home

#1 – Price Your Offer Right

Remember, the market (not you or even the seller), determines how much a property is worth, so don’t try to lowball the seller. You’ll only offend them. Instead, look at comparable homes that have sold recently in the area and come up with a fair and reasonable price. Also, consider what repairs or renovations may be needed and if there are multiple offers on the table. You’ll have a better chance of having a seller consider your offer and accept it.

#2 – Consider Your Contingencies Carefully

Contingencies are what protect the buyer in the home-buying process. The contingencies you write into an offer are designed to safeguard you (and your earnest money), not the seller. Everything from securing a loan, to selling your current house, to determining a closing date could negatively impact the seller. If your market is extremely competitive, you’ll want to consider your contingencies VERY carefully. Think of your financing, home inspection, title, and appraisal.

Sometimes people take significant risks and remove almost all of their contingencies to make their offers more appealing to a seller. Overall, aim to balance protecting your interests while keeping your offer attractive.

#3 – Create A Clean Contract

So many offers get declined by sellers simply because the real estate agent wrote a sloppy contract. Ultimately, the contract is the first impression you make. It’s a signal of how the rest of the transaction will go. No one wants to spend 30-45 days in escrow with a buyer who’s disorganized, dysfunctional, and in disarray. So make sure your real estate agent writes a clean contract that’s organized, simple, and complete. You’d be surprised by how many agents get this wrong.

How to Make an Offer on a Bothell Home
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msgrealestate

Experienced Realtor ready to make your dreams comes to realty. As a local market expert, I stay ahead of trends and developments in the area as I am also an investor. I provide my clients with valuable insights to make informed decisions. Selling a property? I utilize innovative marketing strategies to showcase your home to the widest possible audience. From professional photography and virtual tours to targeted online and offline marketing campaigns, I go above and beyond to ensure your property receives the attention it deserves. Whether you’re buying, selling, or simply exploring, I am here to help.