Search Louisville Area Real Estate

Negotiating a Winning Offer

The great part of having a real estate agent helping you on the buying side is the relief you'll feel knowing that you are putting in an offer for the house based on thoroughly researched comparable properties and other important information used to determine the true value of the house.
 
After your agent submits an offer on your behalf, there are three options the seller now faces:

  1. Accept the buyer's offer
  2. Reject the buyer's offer
  3. Submit a Counteroffer back to the buyers
There are some tips and techniques to help your offer gain favorable consideration over other offers that are presented to the seller. Your agent will know these techniques and will share other ideas in constructing a strong offer to buy.
 
  1. Be pre-approved from the lender prior to submitting an offer. This will show the buyer that you are serious about buying the house and give them the peace of mind to know that there won't be delays should they accept your offer. The pre-approval instantly separates you from other offers that aren't from pre-approved buyers and could have you as the winning buyer at a lower price with the seller choosing simplicity over potential confusion.
  2. Provide a substantial “good faith” deposit with your offer. The “good faith” deposit is indicative of your genuine offer to buy the house. Being pre approved makes you look serious and the “good faith” deposit further emphasizes that.
  3. Try to organize and limit your contingencies such as financing approvals, inspections, and the sale of your current house if necessary.
As your agent we'll work with you to create a solid offer on the house of your choice and ensure that it's presented with the strongest techniques in place to increase your chance of an accepted offer.
  
Start Your Home Search
Search For Homes What's My Home Worth? Instant New Home Alerts

From Our Blog

Agent of the Week: Jennifer Franson

Our Agent of the Week Spotlight is Jennifer Franson! Jenny is one of our newer agents at Family Realty. Learn more about Jenny below! Q: How long have you been with Family Realty? A: Since March 2021 Q:Where are you originally from? A: California! ...Read More

Thursday, October 14, 2021

How to Prepare Your Louisville Home for the Fall

Prepare your Louisville Home for the Fall  Fall is here! While the weather hasn’t completely cooled down it is still important to prepare for the cooler weather sooner than later. We have compiled a list to get your Louisville home ready ...Read More

Wednesday, October 6, 2021