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Writing a Winning Offer - Orange County Real Estate

writing a 

WINNING OFFER

When it comes to making an offer for your dream home don’t trust an average agent to write an incomplete purchase agreement & only submit it via email.  
Work with Kevin Comisky & The Keller Forsyth Group who will go above & beyond to create a strong and compelling offer for you. The extra mile will give you the very best chance to have it accepted and save you money.  

Make a personal connection with a 
letter and/or video

If the seller has eight offers on the table but your offer includes a letter that is personally handwritten by you, your offer will stand out. In your letter, you will want to appeal to the seller’s emotions by explaining why you are in love with her home and list all the reasons why your offer should win. If you can evoke tears of joy or induce empathy from the seller, your offer will likely win.

Strong Lender
Beat the Competition
In Orange County, homes that sell for $1M and under, have an average of 4 offers on them. The lower the price point, the higher the number of offers. Homes that are priced at $750K and below have an average of 6 offers on them.
With the average lender,
you have a 25% chance of getting your offer accepted at the $1M range and a 16.6% chance if the home is priced at $750K or below.
With our mortgage team,
We have been getting a 72% acceptance rate since 2016 due to our reputation in the industry and because our clients can perform even better than all cash buyers!

Underwritten ~ like “cash”
Better than pre-approved or pre-qualified, if we get you completely “underwritten” for your mortgage it’s like coming in with “cash” and we can remove our loan contingency. 

Offer Price
Put your best foot forward. Simply put, this means write your very best offer. You might get only one chance to make an impression on the seller, so don't make a low offer hoping the seller will give you a counteroffer. If the seller has received multiple offers, the low offers most often are not even considered. They are shoved into the rejected pile. Figure out the top dollar you are willing to pay for the home and offer that price.

Proof of Funds
Proof in the form of bank statements, etc need to be submitted with the purchase offer to confirm you have the money for the down payment. You and I know you have the money but we need to prove that to the seller.

Make your offer “Clean”
Allow Seller to choice title/escrow. The more you ask from a seller, the less likely it is that he or she will accept your offer. Don’t ask for closing assistance or a home warranty if you have any reason to believe you are in a competitive situation, such as one where
multiple offers have been made on the property.

My letter to the listing agent
As your agent, I write a professional & compelling note to the listing agent. This note explains our offer, both explaining our reasoning the offer price and clarifying the terms of the offer. 
 
Allow seller flexibility to move out
Allowing the seller a few days to move out after closing could persuade them to accept our offer over any other offers. Also, it could save you money off the purchase price. 

Split fees or pay for some
A seller is inclined to accept an offer where the buyer doesn’t request the seller to pay many of the closing fees. Or split them. 

Offer to Close Quickly
Unless there are extenuating circumstances, many sellers prefer to close within 30 days or fewer. If you can offer a 21-day closing time frame, that might be more important to the seller than an offer for more money and be just the edge you need to beat out the competition.
 
 
Shorten Contingencies
Many standard real estate purchase contracts give the buyer X number of days to perform inspections before the buyer is required to proceed with the transaction. If the default in your purchase contract is 17 days, try shortening that time period to 10.

More $ down
Bringing in more of a down payment shows you are more serious & more qualified than other 
offers that come in with less down payment.

THE KELLER FORSYTH GROUP

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888-584-9427

CA State Brokerage Address

2603 Camino Ramon St 200 
San Ramon, CA 94583 
CalBRE#: 01878277

© 2017 proudly created by Kevin Comisky Real Estate

Realtor CalBRE 02007973 ~ eXp Realty of Ca, Inc.

Serving Orange County, California