Mariana Folgado

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Make a great impression with sellers

October 16th, 2018

When it's a seller's market, you can't always compete against an all-cash offer from a buyer wiling to close quickly. But there are some things you can do to make a great impression with sellers:
  • Making a higher down payment – 25 percent or more. Sellers will worry less that you won't qualify for a mortgage and know you are a serious buyer. 
  • Offering to make a larger earnest money deposit can impress: it signals you won't easily back out of the deal. 
  • Shortening the contingency period and not asking for large seller concessions shows you're committed to moving quickly. 
  • For the right seller, a heartfelt "buyer's love letter" may tip the scale in your favor. 
Sometimes it's not the highest-priced offer that wins the day, but a buyer willing to go the extra mile.  

Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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