How to Make a Winning Offer on a Home

Monday Jul 20th, 2020

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The homebuying market continues to heat up — and that means there could be some fierce competition out there. While that may seem intimidating, it doesn’t mean your dream home is out of reach.

There are quite a few things you can do to stand out if you find yourself up against other buyers.

Want to make sure a property doesn’t slip through your fingers? Put these five tips into action to make a winning offer:

Write a personal letter. Tell the seller what you love about the home and what it means to you and your family. Include the letter with your offer to set yourself apart from other interested buyers.

Stay flexible and open-minded. Be mindful of the seller’s timeline. If they need to spend a few extra weeks in the home before you can move in, discuss potential ways to make it work for both of you.

Increase your earnest money deposit. Upping your deposit can give a seller more confidence in your offer. Just remember that sellers could end up keeping the earnest money if you pull out of the deal. 

Get preapproved for your loan. Another way to inspire confidence? Come in with a preapproval letter from a lender. 

Ready to start your home search? Get in touch for help finding the perfect home and making a winning offer. 

Call us anytime, we are here for all of your real estate needs!

Contact us today:

416-699-9292

info@weselltoronto.com


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