Home > Blogs > Anna Chroscicki > Anna Chroscicki's Blog

🏡 How to make offer more appealing in Seller's Market

By Anna Chroscicki

Real Estate Agent with Re/Max Masterpiece Realty

July 15, 2021 10:25 AM

You’ve found yourself in a seller’s market and not sure where to begin. We get it — a seller’s market is full of intense bidding wars, conflicting best practices, and it’s overall intimidating to navigate.

That’s why we put together a short list of what we believe to be the 4 best tips to set yourself up for success:

Shorten your escrow period. Put yourself in the seller’s shoes — if you see two bids that are both competitive, but one has a shorter escrow period, you’re more likely going to choose that over a longer period. Shortening your escrow can not only streamline the process but make your offer *very* competitive.

Reduce the contingencies. This one has the same reason as the above reason! The easier you make it on the seller, the more attractive your bid will be.

Write a personal letter to the seller. This is an underrated yet effective technique to build rapport with the seller! By going the extra mile to share your story and what this sale would mean to you can leave a positive and lasting impression.

Put down a strong earnest money deposit. In a seller’s market, there can be a lot of competition to fight off. That’s why it’s best to start with a strong earnest money deposit to show that you’re a serious candidate.