{"id":5954,"date":"2021-04-29T09:00:13","date_gmt":"2021-04-29T13:00:13","guid":{"rendered":"http:\/\/migonline.com\/blog\/?p=5954"},"modified":"2021-04-29T09:45:10","modified_gmt":"2021-04-29T13:45:10","slug":"how-to-make-your-offer-stand-out-in-a-competitive-market","status":"publish","type":"post","link":"https:\/\/migonline.com\/blog\/2021\/04\/29\/how-to-make-your-offer-stand-out-in-a-competitive-market\/","title":{"rendered":"How to Make Your Offer Stand Out In a Competitive Market"},"content":{"rendered":"<p>When demand outpaces supply, it becomes more challenging for would-be buyers to get their offer accepted. In a seller\u2019s market, homebuyers need to implement strategic methods if they want to get the home that\u2019s at the top of their list. Following are some tips to make your offer stand out in a competitive market.<\/p>\n<p><strong>Keep the Offer Straightforward<\/strong><\/p>\n<p>Whenever possible, keep your offer clean. Avoid adding in caveats and contingencies on things like special inspection results, closing deadlines or financing terms. Sellers will prefer an offer that is easy and straightforward over an offer where they anticipate a lot of potential hassle and nail-biting.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-5956\" src=\"http:\/\/migonline.com\/blog\/wp-content\/uploads\/2021\/04\/note.jpg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/migonline.com\/blog\/wp-content\/uploads\/2021\/04\/note.jpg 600w, https:\/\/migonline.com\/blog\/wp-content\/uploads\/2021\/04\/note-300x200.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><strong>Include a Personal Note<\/strong><\/p>\n<p>Because sellers and buyers rarely meet prior to making a deal, the selling process is very impersonal. You can tilt the odds in your favor by including a personal note with your offer. This makes your offer stand out because:<\/p>\n<ul>\n<li>Homeowners like to see that a new owner will take care of their home the way they did over the years.<\/li>\n<li>It gives sellers a way to feel good about selling their home to deserving people.<\/li>\n<li>It humanizes the financial transaction.<\/li>\n<li>It gives buyers a chance to explain what they feel is special about the house and why it\u2019s so important for them to purchase it.<\/li>\n<\/ul>\n<p><strong>Offer More Than\u00a0the List Price<\/strong><\/p>\n<p>If your finances allow, consider offering slightly over the list prices. Even in a seller\u2019s market, sellers rarely expect to get more than they asked for. Your offer will stand out as financially lucrative because few other buyers will consider starting out with an offer over listing.<\/p>\n<p><strong>Contact the Listing Agent<\/strong><\/p>\n<p>Sometimes an old-fashioned phone call to the listing agent will help get an offer noticed. During the call, the agent can discern the true reasoning behind the sale, which can give a potential buyer a head start. Ask the listing agent things like:<\/p>\n<ul>\n<li>Why is the home being listed?<\/li>\n<li>What\u2019s the most important goal of the sale?<\/li>\n<li>Are the sellers hoping for a certain kind of buyer?<\/li>\n<li>Is there a preferred settlement date?<\/li>\n<li>How much buzz had the listing attracted so far?<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-5637\" src=\"http:\/\/migonline.com\/blog\/wp-content\/uploads\/2020\/11\/loan.jpg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/migonline.com\/blog\/wp-content\/uploads\/2020\/11\/loan.jpg 600w, https:\/\/migonline.com\/blog\/wp-content\/uploads\/2020\/11\/loan-300x200.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><strong>Get Fully Pre-Approved<\/strong><\/p>\n<p>Most home sales fall apart because of financing issues. Buyers can ensure their offer stands out by including the fact that they are fully pre-approved. Be sure the pre-approval is accompanied by a lending offer and is not just a basic pre-approval dependent on other financial conditions being met.<\/p>\n<p><strong>Have Earnest Money Ready to Go<\/strong><\/p>\n<p>A serious offer should always be accompanied\u00a0by an earnest money check. Typically, this will be 1% of the offer amount. If the earnest money is a little bit over that percentage \u2014 say, 5% or 10% \u2014 sellers will certainly take notice and realize that those potential buyers are extremely serious about the offer.<\/p>\n<p>With the help of a seasoned real estate agent and these helpful tips, buyers should be able to see their offers accepted \u2014 even in a competitive market. For more information about getting pre-approved for a mortgage loan, give us a call!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When demand outpaces supply, it becomes more challenging for would-be buyers to get their offer accepted. In a seller\u2019s market, homebuyers need to implement strategic methods if they want to get the home that\u2019s at the top of their list. Following are some tips to make your offer stand out in a competitive market. Keep &hellip; <a href=\"https:\/\/migonline.com\/blog\/2021\/04\/29\/how-to-make-your-offer-stand-out-in-a-competitive-market\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">How to Make Your Offer Stand Out In a Competitive Market<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":5955,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[135],"tags":[],"class_list":["post-5954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-house-offer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Make Your Offer Stand Out In a Competitive Market - Mortgage Investors Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/migonline.com\/blog\/2021\/04\/29\/how-to-make-your-offer-stand-out-in-a-competitive-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Make Your Offer Stand Out In a Competitive Market - Mortgage Investors Group\" \/>\n<meta property=\"og:description\" content=\"When demand outpaces supply, it becomes more challenging for would-be buyers to get their offer accepted. In a seller\u2019s market, homebuyers need to implement strategic methods if they want to get the home that\u2019s at the top of their list. Following are some tips to make your offer stand out in a competitive market. Keep &hellip; Continue reading How to Make Your Offer Stand Out In a Competitive Market &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/migonline.com\/blog\/2021\/04\/29\/how-to-make-your-offer-stand-out-in-a-competitive-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Mortgage Investors Group\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-29T13:00:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-29T13:45:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/migonline.com\/blog\/wp-content\/uploads\/2021\/04\/StandOutOffer.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Moneek\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Moneek\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/migonline.com\\\/blog\\\/2021\\\/04\\\/29\\\/how-to-make-your-offer-stand-out-in-a-competitive-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/migonline.com\\\/blog\\\/2021\\\/04\\\/29\\\/how-to-make-your-offer-stand-out-in-a-competitive-market\\\/\"},\"author\":{\"name\":\"Moneek\",\"@id\":\"https:\\\/\\\/migonline.com\\\/blog\\\/#\\\/schema\\\/person\\\/f7df6ab3b3775912d3bf05a25a1c0fe4\"},\"headline\":\"How to Make Your Offer Stand Out In a Competitive Market\",\"datePublished\":\"2021-04-29T13:00:13+00:00\",\"dateModified\":\"2021-04-29T13:45:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/migonline.com\\\/blog\\\/2021\\\/04\\\/29\\\/how-to-make-your-offer-stand-out-in-a-competitive-market\\\/\"},\"wordCount\":518,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/migonline.com\\\/blog\\\/2021\\\/04\\\/29\\\/how-to-make-your-offer-stand-out-in-a-competitive-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/migonline.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/StandOutOffer.png\",\"articleSection\":[\"House Offer\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/migonline.com\\\/blog\\\/2021\\\/04\\\/29\\\/how-to-make-your-offer-stand-out-in-a-competitive-market\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/migonline.com\\\/blog\\\/2021\\\/04\\\/29\\\/how-to-make-your-offer-stand-out-in-a-competitive-market\\\/\",\"url\":\"https:\\\/\\\/migonline.com\\\/blog\\\/2021\\\/04\\\/29\\\/how-to-make-your-offer-stand-out-in-a-competitive-market\\\/\",\"name\":\"How to Make Your Offer Stand Out In a Competitive Market - 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