As promised, here is the second portion of our jam-packed eight strategies for winning as a buyer in the competitive Bay Area real estate market.
If you missed part one of our strategies, you can find them by clicking here.
Now let’s finish these eight proven strategies.
If you missed part one of our strategies, you can find them by clicking here.
Now let’s finish these eight proven strategies.
5. Have your lender call the listing agent. If you actually have your lender reach out to the listing agent, they can answer any questions the agent may have, and speak to your strength as a buyer. Not many people take this step, and it’s sure to make you stand out.
6. Be flexible with the closing date. Every deal is different. Maybe there’s a hangup with the bank or you’re having a tough time coming to an agreement with a request for repairs. There may be opportunities for you to add value to yourself by being flexible here.
7. Shorten your inspection timeframes. The standard contract timeframe is 21 days, but you may be able to bring that down to say, 15, 12, or even 10 days if you’re working with a qualified Realtor who can make it happen thanks to good relationships with inspectors.
8. Send a letter to the sellers. Humanize yourself! Instead of being just another number in a stack of offers, a letter lets you describe who you and your family are. Include a family picture as well; it’s always good to pull on the heartstrings. We’ve actually seen several instances of sellers accepting lower offers because they want a family to buy their home, not an investor!
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“Send a letter to the sellers. Humanize yourself!”
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Thanks for reading everyone, this has been fun! There’s always more tips and tricks I can provide for buyers and seller in the Bay Area, so don’t hesitate to get a hold of me over the phone or by email!
